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 multilateral institutions under the United Nations system.
Advertisement
Here are some of the major multilateral bodies currently headquartered in China.
World Data Organization
Launched in Beijing on March 30, this organisation aims to align various national data policies, develop industry standards and cut compliance costs for multinationals. Its 200 members in 40 countries include companies, universities, think tanks and financial institutions.
Advertisement