Publication Type
Journal Article
Version
publishedVersion
Publication Date
10-2024
Abstract
China has long been hailed as the biggest success story in economic development through integration into global value chains, especially since its accession to the WTO 20 years ago. However, it is much less well-known how China refitted the global value chain narrative to influence economic analysis and trade governance. At the same time, the value chains analysis also backfired when the U.S. tried to cut China out of its supply chains and pushed for decoupling with China, while China itself started to abuse its role in value chains for political gains. The process was further accelerated by the Ukraine war, which prompted efforts by the U.S. and its allies to build supply chains based on values rather than value, which will have a profound impact on China and the global trade order.
Discipline
Asian Studies | International Trade Law
Publication
UC Irvine Journal of International, Transnational, and Comparative Law
Volume
9
Issue
1
First Page
141
Last Page
157
ISSN
2577-0306
Publisher
UC Irvine School of Law
Citation
GAO, Henry S..
China and global trade order post Ukraine War: From value chains to values chains. (2024). UC Irvine Journal of International, Transnational, and Comparative Law. 9, (1), 141-157.
Available at: https://ink.library.smu.edu.sg/sol_research/4557
Copyright Owner and License
Author-CC-BY
Creative Commons License
This work is licensed under a Creative Commons Attribution-NonCommercial-No Derivative Works 4.0 International License.
Additional URL
https://escholarship.org/uc/item/18d275zz
