China has not formally proposed an organization to replace the World Trade Organization (WTO), but it has undertaken several significant initiatives and formed strategic alliances that effectively serve as alternatives or complements to the current global trade system.

One of the most notable initiatives is the Belt and Road Initiative (BRI), launched in 2013. The BRI aims to enhance global trade through infrastructure development and increased connectivity across Asia, Europe, and Africa.

China has also played a key role in establishing the Regional Comprehensive Economic Partnership (RCEP), a free trade agreement that includes 15 Asia-Pacific countries.
In the financial sector, China developed the Cross-Border Interbank Payment System (CIPS) to facilitate international transactions using the Chinese yuan. This system reduces reliance on the US-dominated SWIFT network and promotes yuan internationalization, with over 1,280 financial institutions across 103 countries participating in CIPS.

Additionally, China is an active member of BRICS, a multilateral forum that promotes cooperation among major emerging economies. BRICS has established the New Development Bank (NDB) and the Contingent Reserve Arrangement (CRA) to finance infrastructure and provide financial support, offering alternatives to the World Bank and IMF.

These efforts demonstrate China's strategy to reshape global trade and economic relations, positioning itself as a central player and potentially reducing the dominance of Western-led institutions like the WTO. While not a formal replacement, these initiatives reflect China's push for a more China-centric global trade network.
In this video, we explore China's motivations and the disputes it has faced within the World Trade Organization (WTO). We also examine China's strategic moves towards creating alternative frameworks that could potentially reduce the influence of the WTO.

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