Intl. Financial Architecture
The international financial architecture is in need of fundamental reform. The system needs to be larger, work better and provide more voice representation to emerging market and developing countries. The necessary reforms will not be possible without the active and welcome participation of the People’s Republic of China.
As the most dynamic growth miracle of the century, the most interconnected trading nation on earth and the largest emitter of carbon emissions with the world’s largest population, China has a major role to play in the reform and maintenance of the system.
The Global China Initiative’s work in this area advances policy-oriented research on China’s role in the international financial architecture, with particular emphasis on the Global Financial Safety Net and global development finance. We advance this work through collaborative and parallel research with institutes in China and other emerging market and developing countries.
Research Highlights
Latest News & Publications
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Book Launch: China and the Global Economic Order
October 10, 2025By Kevin P. Gallagher and Gregory T. Chin More than any time since their founding in 1944, the International Monetary Fund (IMF) and the World Bank, [ More ]
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Reviving Chinese Development Finance in the Global South
October 10, 2025The multilateral system is falling short in mobilizing the level and composition of capital flows necessary for countries in the Global South to raise living... [ More ]
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The Road to 2030: What Role for Chinese Development Finance?
October 10, 2025By Rebecca Ray By 2030, low- and middle-income countries (LMICs) other than China must mobilize an ambitious $3 trillion annually to meet their development needs and... [ More ]