COMPREHENDING CHINA’S STANCE TOWARD GLOBAL FINANCIAL GOVERNANCE: A TWO-STAGE MODEL
Journal: MacSphere (McMaster University)
Year: 2015

China’s attitude and foreign policies in global financial governance are not consistent. A two-stage model, which is comprised of formation of Guojia Liyi (interests and preferences of China, 国家利益) (Stage I) and decision-making process (Stage II), is established to explain China’s policy inconsistency in global financial governance. Through this model, the thesis makes two major explanations for policy inconsistency. First, China’s Guojia Liyi in various global financial governance institutions