The recent launch of the World Data Organization in Beijing added another node to a growing network of bodies headquartered in China with international participation and cross-border mandates.
China is fostering these lenders, institutions and intergovernmental organisations as President Xi Jinping pushes for improved “global governance”.
The move came as Washington’s measures – from global tariff hikes, war on Iran and the recently released “Economic Fury” strategy – have set back some key…