Beijing Review

A Neoliberal Order No More?

Neoliberal globalism sold the ideal of the global economy as a level playing field in which the winners and losers are determined purely by competitive advantage. The international market was offered up as the ultimate venue for a peaceful convergence toward a “global village.” But in a breathtakingly abrupt reversal, the West killed off globalism. But why? And has it abandoned neoliberalism altogether?

Before the Russia-Ukraine conflict, former U.S. President Donald Trump’s tariffs on Chinese

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