Translation. Region: Russian Federation –
Source: People's Republic of China in Russian – People's Republic of China in Russian –
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Source: People's Republic of China – State Council News
Recently, Wan Zhe, a professor at Beijing Normal University and a research fellow at the Institute of the Belt and Road Initiative, published an article in the Huanqiu Shibao newspaper titled “China’s Presence Curbs the Fragmentation of World Trade.”
This article presents a research report titled “Understanding Trade Fragmentation” (hereinafter referred to as the “Report”), recently released by the US Federal Reserve.
This paper, prepared by a group of economists, highlights China's unique role in countering the trend toward global trade fragmentation—it serves as a key hub and stabilizing force preserving the integrity of the global trade network. This not only corrects simplistic views on the evolution of international trade structures but also serves as confirmation of China's active contribution to globalization.
The Report notes that, excluding China's influence, geopolitical differentiation in global trade began to emerge as early as 2003–2007. This clearly demonstrates that the causes of global trade fragmentation are not linked to China, but rather that its presence effectively conceals and constrains this process. This is not a coincidence, but the result of China's active efforts to overcome geographic limitations and create an extensive trade network.
China has become a major trading partner for more than 150 countries and regions, and its contribution to global economic growth consistently exceeds 30%. This broad and balanced distribution of trade ties contrasts sharply with an exclusive approach and allows Chinese exports to significantly offset trade fragmentation caused by geopolitical factors.
This Fed report offers a new perspective on China's role in the global trading system.
It can be argued that China's role in the structure of global trade is no longer limited to its role as a "connector," constituting a unique phenomenon in the architecture of the global economy. Thanks to its extensive trade links and sustained export growth, China has become a key hub integrating various geopolitical blocs. This is essential for facilitating global economic exchanges and preventing the world from sliding into isolation and confrontation.
Thanks to its economic scale, trade structure, and sustainable development, China has become not only an "anchor of stability" for the global trade network but also a significant source of trade growth. The report clearly demonstrates that China plays an indispensable positive role in easing geopolitical tensions, preventing trade rifts, and maintaining global interconnectedness.
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