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China's GDI: Shaping New World Order?



  Aug 30, 2023

China's Global Development Initiative (GDI): A New World Order?


1. What is the Global Development Initiative (GDI)?

The GDI is a proposal introduced by China's leader, Xi Jinping, aimed at promoting development, reducing poverty, and enhancing health in the developing world. It is part of China's broader strategy to establish an alternative world order to challenge the dominance of the US-led West.
 

2. What are the other initiatives introduced by Xi?

In addition to the GDI, Xi Jinping has put forward the Global Security Initiative and the Global Civilisation Initiative. These initiatives collectively represent China's efforts to increase its influence on the global stage and bolster its presence in international organizations.
 

3. How does China plan to extend its influence in developing countries?

China's strategy involves the institutionalization of its leadership over developing nations. This entails creating and supporting groupings of countries led by China, with the goal of ensuring access to markets for trade and investment and leveraging the voting power of these nations in global forums like the UN.
 

4. Why is China focusing on developing countries?

Developing countries represent a significant portion of the world's population, GDP growth, and trade. China's increasing exports to developing nations, particularly those involved in the Belt and Road Initiative, underscore the economic importance of this market.
 

5. How is China leveraging its sway in the UN?

China aims to secure the allegiance of developing countries within the UN, allowing it to amplify its voice and wield influence on global matters. This influence is evident through voting alignment and the establishment of groups like the "Group of Friends of the Global Development Initiative."
 

6. How is China positioning itself in international forums?

China is seeking to redefine key concepts, such as "true multilateralism," to challenge the prevailing definitions of the US-led world order. China also presents itself as a global peacemaker, mediating disputes between nations, and increasing its role in organizations like UN peacekeeping missions.
 

7. What is China's approach to expanding international institutions?

China is actively working to expand various international forums. For instance, in the case of BRICS (Brazil, Russia, India, China, South Africa), China wants to expand the group to include more members, transforming it into a counterweight against the G7, a coalition of developed powers.
 

8. What role do institutions like NDB, CRA, and AIIB play?

China is bolstering institutions like the New Development Bank (NDB) and the Contingent Reserve Arrangement (CRA) within the BRICS framework. These institutions provide an alternative to existing international financial institutions, giving China more influence in the global financial system. Additionally, the Asian Infrastructure Investment Bank (AIIB) is another platform through which China can extend its influence in Asia and beyond.
 

9. What challenges does China's multilateralism face?

While China garners rhetorical support for its initiatives, the loyalty of developing nations might be influenced by various factors beyond just debt obligations. These nations may prioritize their own interests when making decisions in international forums.
 

10. What is the broader significance of China's initiatives?

China's initiatives indicate its intention to reshape the rules of global governance and establish a new world order. This shift could potentially alter global power dynamics and the dynamics of international cooperation, challenging the traditional influence of Western nations.


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