Global Value Chains (GVCs) rely on division of labor within and beyond borders to minimize production costs and build regional and global value chains. Since starting its economic reform four decades ago, China has been highly successful in integrating its economy into regional and global value...

Despite being the largest free trade agreement (FTA) in the world, the Regional Comprehensive Economic Partnership (RCEP) is often criticized as a shallow FTA. In this essay, however, we contend that the RCEP is better understood in the context of the great power rivalry between the United...

China is incrementally developing a new, decentralized model of trade governance through a web of finance, trade, and investment initiatives involving memorandum of understanding, contracts, and trade and investment treaties, supported by an indigenous innovation policy that is transnational in...