Abstract: One of the typical features of the gradual weakness of globalization is that the United Nations system and its associated
institutions，promoted by the United States after the Second World War，are beginning to get into trouble：they have been suffering
from strong opposition but have been unable to carry out reform with the times. Globalization has not given all countries equal
opportunities for development，but this imbalance is not the main reason for the resistance to globalization. The real reason is that
globalization has failed to make everyone a beneficiary. In addition to strengthening populist sentiment brought about by the new
crown epidemic，the global trading system established after the Second World War may be moving to an inflection point，with interregional
trade agreements becoming the norm. To avoid a setback of globalization，the most important thing for China，the US and
Europe now is to forge a consensus amid their disagreements. China，as a supporter of globalization，needs to start with the "
decentralized" regional development of its Belt and Road Initiative to force developed countries in Europe and the U.S. out of their
narrow "regionalized" development philosophy.

Key words: globalization dilemma；free trade；United Nations；World Trade Organization；choices of China, the U.S. and Europe