Focus | ASIA Dr. des. Sebastian Biba Sebastian Biba and Heike Holbig Goethe University Frankfurt China in the G20: A Narrow Corridor for
[email protected] Sino–European Cooperation GIGA Focus | Asia | Number 2 | May 2017 | ISSN 1862-359X Prof. Dr. Heike Holbig Since it hosted the G20 summit and since Trump’s ascent to the US presi- Senior Research Fellow
[email protected] dency, China has promoted its role as a defender of free trade. In line with European interests, China has also become a supporter of G20 attempts to GIGA German Institute of Global and Area Studies tackle the emerging crisis of globalisation. Indeed, China has many reasons Leibniz-Institut für Globale und Regionale Studien to be a facilitative player in the G20. However, its engagement entails limi- Neuer Jungfernstieg 21 tations for the G20 going forward. 20354 Hamburg www.giga-hamburg.de/giga-focus • Compared to India, another emerging power, China has assumed an active role in the G20, seeking to put its stamp on the G20 agenda and calling for the fo- rum’s transformation from a crisis-response mechanism to one of long-term economic governance. • There are various incentives for China to play this role: the G20’s small but widen ed membership relative to the G7, the opportunities for status enhance- ment and for pushing global governance reforms, the loose institutional design, and the focus on issues that China feels comfortable dealing with. • However, China’s prospective engagement has limits. We cannot expect China to agree to a widening of the agenda beyond financial and economic issues.