ABSTRACT
Globalisation as performed under the multilateral economic order since the end of the Second World War has brought about many economic and political benefits. Beijing’s successful attempts to make use of the global order to favour its national interests in achieving short-term advantages has intensified the new populist anti-globalism whether it will benefit in the end is still highly doubtful. The global financial and economic crisis after 2007 distorted the world economy and disrupted the Western order. However, it has been a highly complex process, the causes of which are difficult to disentangle. In Europe but also in a number of other countries, the switch to the new mobile communications standard 5G shows that technology issues became more and more dominated by geostrategic interests. In conclusion, in the context of globalisation, the current world trade order is under pressure and the WTO as a moderating element for world trade finds itself overburdened with existing political developments.
