Impact of Trade Politicization on the Multilateral Trading System

ln recent years, the trend of politicization of trade has become increasingly fierce. The reasons are as follows: firstly, at the ideological level, it is caused by the zero-sum game thought prevailing in the international society dominated by the West. Secondly, at the political level, the change in the balance of power between developing and developed countries leads to the decline of the leadership of western developed countries in terms of global governance. Thirdly, at the economic level, the balance of economic power and the evolution of the international division of labor has tilted in favor of developing countries, which in turn has damaged the interests of developed countries. Therefore, developed countries, led by the United States, have stepped up the rhetoric for the politicization of trade to reconstruct the global industrial chain and artificially promote the two-way transfer of manufacturing industry. At the same time, they attack the global trade governance system with the WTO as the core and try to restructure the international economic order and trade rules to serve their own interests. ln this regard, the starting point and goal for China should be to maintain strategic focus and put its own house in order so as to meet the challenges of the future. We should undertake domestic reform in an all-round manner to unleash the huge domestic cycle, promote diversified regional economic integration, actively advance economic globalization, firmly support the multilateral trading system with the WTO at its core as an effective way to curb the politicization of trade, and contribute China's wisdom and solutions to the global pool of knowledge.

Keywords: Trade Politicization, Global Trade Governance, Economie Globalization