Publication

This paper examines China’s minilateral diplomacy, referring to the coming together of a number of states within or outside a multilateral institution to solve a problem the multilateral institution is unable to solve in the area of finance. The author contends that China is using minilateralism to stimulate reform of the world's financial institutions, provide financial public goods to its neighbors and other developing countries, and promote Beijing's own economic and political interests. She also looks at the implications of China's miliateralist activities for existing multilateral financial institutions and Western countries.