China's WTO membership produced significant disputes

China joined the WTO in 2001

After 15 years of negotiation, China joined the WTO as the 143rd member. This move gave it access to the global market in exchange for commitments to economic liberalization, despite skepticism from existing members about integrating a state-controlled economy into a free-market system.

Trade between the US and China has significantly increased in recent decades.

The GATT and its successor, the WTO, were established to lower trade barriers

Signed in 1947, the General Agreement on Tariffs and Trade began systematically reducing tariffs and trade barriers among member nations. In 1995, it was replaced by the World Trade Organization, which expanded those rules and established a formal dispute settlement system.

The WTO is the global body that sets and enforces the rules of international trade

Founded in 1995, with 164 member countries, the WTO negotiates trade agreements, resolves disputes between nations, and aims to reduce barriers to international commerce.

China's relationship to the rules-based order is contested

In this piece, Paul Gewirtz, a professor of constitutional law at Yale Law School, argues that China has been a beneficiary, a rule-bender, and an increasingly assertive challenger of the rules-based order, aiming to revise norms it sees as reflecting Western rather than universal values.

The WTO's dispute settlement system has been effectively paralyzed

The US has blocked appointments to the WTO's appellate body since 2017, arguing that the panel has overstepped its mandate. Without a functioning appeals court, the WTO can no longer enforce rulings or settle disputes.

The General Agreement on Tariffs and Trade and its successor, the WTO, was formed to reduce trade barriers between nations.

Trump's 2025 tariffs represent a significant break from the rules-based trade order

The Trump administration imposed broad tariffs on other countries outside WTO rules in 2025, claiming that those countries had long violated trade agreements and that the US was simply leveling the playing field.

7 experts debate China's role in the future of the rules-based international order

This interactive feature showcases opposing arguments—from scholars who view China as a major threat to the order, to Chinese analyst Wu Xinbo's argument that China will shape the order's evolution rather than destroy it.

A trade war is an economic conflict where nations impose tariffs or other trade barriers on each other in retaliation for similar actions.

Global trade volume is roughly 45 times what it was when the General Agreement on Tariffs and Trade was founded

Since 1950, world trade values have grown nearly 410 times, mainly due to the successive tariff reductions negotiated under GATT and the WTO.

China operates multiple different sovereign wealth funds, primarily backed by profits from a trade surplus

Unlike other countries that primarily use profits from natural resources, China's sovereign wealth funds are fueled by the country's mounting trade surplus. Among the two largest are the State Administration of Foreign Exchange (SAFE) fund and the Chinese Investment Corporation (CIC). China also operates the Silk Road Fund, a strategic investment initiative that backs infrastructure creation in developing countries.

The history of the World Trade Organization

This episode of the "Brettonomics with Nancy Jackson" podcast explores the history of the WTO and its predecessor, the GATT, revealing the key people, negotiations, and decisions that shaped today's international trade rules.

Critics argue that the World Bank, IMF, and WTO were designed to serve Western interests

Some analysts from developing nations argue that the Bretton Woods institutions were designed to reinforce Western economic dominance rather than to promote fair development for poorer countries. Supporters respond that these institutions have improved living standards worldwide.

A short history of the China-Taiwan conflict

The relationship between China and Taiwan is a fraught one, and has been for well over a century. US involvement has only raised the stakes between the independent island country, also known as the Republic of China, and the larger country on the mainland. Here's a breakdown of the conflict between China and Taiwan over the years.

The World Bank, IMF, and WTO all face calls for structural reform

Researchers argue that all three major institutions face legitimacy and effectiveness challenges, including outdated governance structures, unequal voting power, and difficulty adapting to a more multipolar world.

Renewed competition between great powers is straining multilateral institutions

This analysis argues that the increasing US-China rivalry is fostering a more contested international environment—where shared rules and institutions are being challenged rather than reinforced.

Hear Ray Dalio talk about the growth of the Chinese economy

Dalio was an early advocate of US investment in China. While he has previously criticized the authoritarian regime, his criticism of the government has been labeled mild relative to his praise for economic growth and innovation—critics argue that he has minimized human rights violations in the country.

China has blocked the Wikipedia domain since 2015

The Chinese language version of the site had been blocked intermittently since 2004 due to pages featuring topics deemed controversial by the Chinese communist party, including the 1989 Tiananmen Square protests and Taiwan. Once Wikipedia switched to an HTTPS protocol—making it impossible to block individual pages—all Wikipedia pages were blocked.

The US apparel and textile industry was long set up to limit competition from nations in the developing world—but shifts in international trade regulation in the 1990s changed that, paving the way for the fast fashion industry to develop.

Chinese clothing retailer Shein accounts for about half of fast-fashion sales in America.

China's National Sword policy banned imports of most recyclable materials

In 2018, China stopped accepting most of the world's recyclables. This highlighted how dependent the US recycling system was on a single foreign buyer and forced cities to landfill materials they had once diverted.

Hardline China critics in the US worry that China's Belt and Road Initiative is a Trojan horse for military expansion efforts

The Belt and Road Initiative, initially launched in 2013 to develop trade routes throughout Europe, Asia, and the Middle East, has evolved into a larger infrastructure development initiative in developing countries. The BRI is backed by the Silk Road Fund, which is administered by the two most prominent Chinese sovereign wealth funds.

China had an inflation rate of -0.4% in August 2025

As opposed to other G20 countries that are largely struggling with high inflation rates, China is facing deflation. Sluggish growth in the country's once booming real estate market is just one glimpse into the consumer slowdown triggering deflation.

Critics say WeChat is a surveillance tool for the Chinese government.

How former President Nixon's visit to China shifted geopolitics

While Richard Nixon may be best remembered for Watergate and the disintegration of his presidency, his visit to China in 1972 stands as a triumph of his administration. Learn about the president's visit to Beijing (then referred to as Peking), his methods and approach, and the subsequent opening of diplomatic ties with China.

China vs. Taiwan, explained

Taiwan and China are separated by just 100 miles of water, but the distance between the two countries is farther than that. This 14-minute video details the history of their sovereignty dispute, and China's likelihood to use military tactics if they can't unify peacefully. The main problem there is that the United States has vowed to defend Taiwan, which could lead to an American-Chinese war.

Some experts argue that Russia was never effectively integrated into the rules-based order after 1991

This piece argues that Russia's difficult relationship with the IMF and World Bank in the 1990s—characterized by economic shocks and perceived Western condescension—helped shape Moscow's later hostility toward the liberal order.

How China's 'one country, two systems' works

"One country, two systems" is a principle put forth by the People's Republic of China as its approach toward formerly independent regions like Hong Kong and Macau. Supposedly promising administrative independence, China has not always been consistent in its application. Currently, it plans to offer the same arrangement with Taiwan. Learn more in this brief video.

Listen to a podcast episode that outlines 250 years of world trade history.

David Stern brought the NBA to China

In 1987, he started shipping VHS tapes of games to state-run TV stations in China, and opened an NBA office there by 1992. Today, China is the league’s second-largest market.

Proponents argue that abandoning the rules-based order risks a return to the chaos that led to 2 world wars

Brookings scholar Robert Kagan warns that if China and Russia gain regional dominance, the world could return to the unstable conditions of the late 19th century—the same chaos that led to two devastating world wars.

Prelude to the Tiananmen Square crackdown

On June 2, 1989, two days before the military-led massacre that would come to be known as the Tiananmen Square crackdown, nine of China's top leaders discussed how to stop pro-democracy protesters. During this meeting, leader Deng Xiaoping delivered a speech that has shaped the country ever since, in which he advocated for a forceful end to the protests while supporting China's economic "opening-up" featured in protesters' demands.

China is now viewed more favorably than the US in a majority of 36 countries surveyed this year.

How cigarettes took over China

In 2022, China had a fifth of the world's population and bought nearly half of the world's cigarettes. This investigation explores how China became plagued by tobacco consumption, something epidemiologists say will strain the country's health system...

Track how American tariffs have impacted different countries and industries.

Policymakers make complex trade-offs when considering tariffs—while they can generate government revenue and encourage the consumption of locally produced goods, they can also lead to higher consumer prices and may negatively impact economic growth.

China is the world’s largest importer of crude oil

China is pushing to reduce its reliance on US oil to limit geopolitical vulnerabilities. It’s rapidly becoming the world’s renewable energy superpower.

How China could blockade Taiwan

China has its eyes on Taiwan, and could move to isolate the island in order to force it into concessions. Through military maneuvers, building its navy, and other actions, it feels like China is testing the waters for a future blockade if peaceful attempts to unify the two countries fail. This New York Times interactive article details how it might happen.

How did China go from an empire to a republic?

In the 1800s, as China's economy was in flux, foreign imperialist powers began appearing on the horizon, leading China to lose land and influence in the region. This 48-minute podcast episode explores how this destabilization set the stage for the...

Behind the scenes on tariff politics

Economist Gene Grossman joined the Trade Talks Podcast to discuss why tariffs really happen. The episode digs into how voters, politicians, lobbyists, and even campaign cash can affect when protectionist trade policies are put forward. Produced in 2019, the podcast also discusses how populist trade policies and identity politics accounted for Donald Trump’s victory in the 2016 Presidential election.

How Taiwan residents view China and the US

There is widespread support in Taiwan for increased economic and political ties with the US, compared to China. This deep dive of data from the Pew Research Center breaks down how various segments of Taiwan's population perceive the US and China individually and among other Asia-Pacific countries.

The overall economic effect of President Trump's 2025 tariffs remains unclear

Researchers from UCLA and Yale found that tariff revenue and gains to US producers largely offset importers' costs—but the broader picture is murkier, as the trade deficit rose, manufacturing jobs declined, and 90% of tariff costs were passed through to importers rather than absorbed by foreign exporters.

The history of the Chinese civil war from 1945-49

Today's tensions were formed after the Chinese Communist Party defeated the Kuomintang shortly after World War II. Here's a thorough explainer on what happened.

Hong Kong: British colony turned Chinese police state

This 15-minute video explores how Hong Kong has changed since China reclaimed the territory from Britain in 1997. Hong Kong became a British colony after the First Opium War, a conflict arising from Britain's attempt to equalize trade with China through smuggled opium. Democratic rights assumed by Hong Kong residents, such as the right to protest, have been in peril since the 1997 shift, according to this video.

Chinese citizens express both support and frustration toward smart city surveillance

Although surveillance is viewed as necessary for enhancing morality and enforcing regulations, many citizens adopt mental tactics to distance themselves from it. Surveillance is linked to China's historical "century of humiliation," following the Opium Wars and Japanese invasion.

The Lunar New Year was widely celebrated until Mao Zedong and the Communist Party

In the 1960s, Mao ushered in the Cultural Revolution, an attempt to make China a more modern, industrialized nation. In keeping with this, he banned traditional holiday customs in favor of “revolutionary” actions like chanting Communist Party slogans and engaging in a “self-criticism” ceremony. These changes weren’t very popular and were quickly reversed after Mao’s death.

China's latest statement on why it wants to 'reunify' with Taiwan

"The Taiwan Question and China's Reunification in the New Era" is a white paper released by the People's Republic of China in 2022. It outlines the Chinese government's reasons for reclaiming/reunifying with the island nation of Taiwan in a series of detailed points. The full text of the document can be found here.

Taiwan's economic history, analyzed

See how the global economic power evolved from the colonial period to today, including charts and graphs highlighting China's progress, especially in recent decades.

The G20 emerged from the 1997 Asian financial crisis as a forum for managing the global economy

Established in 1999 and elevated to a leaders' summit during the 2008 financial crisis, the G20 now unites the world's largest economies to address issues that the Bretton Woods institutions were not designed to manage.