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Impacts from the 2008 financial crisis, COVID-19, and the Russia–Ukraine conflictRussia-Ukraine conflict have shaken the rules-based global economic and trade governance. The WTO is facing huge challenges including protectionist policies that would have been previously unthinkable, but now common under the pretext of national security. Borderless challenges such as the COVID-19 pandemic require countries to work together and China should actively participate in this process while preventing the multilateral trading systemMultilateral Trading System from moving toward protectionism.

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Global Challenges Require Strengthening Multilateralism

  • 章节

  • 出版模式：

    开放获取

  • 发表日期：

    2025年

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  • Yi Xiaozhun

摘要

Impacts from the 2008 financial crisis, COVID-19, and the Russia–Ukraine conflictRussia-Ukraine conflict have shaken the rules-based global economic and trade governance. The WTO is facing huge challenges including protectionist policies that would have been previously unthinkable, but now common under the pretext of national security. Borderless challenges such as the COVID-19 pandemic require countries to work together and China should actively participate in this process while preventing the multilateral trading systemMultilateral Trading System from moving toward protectionism.