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Friday, March 27, 2015

Economic security



What the AIIB Means for the US-China Power TransitionAs AIIB awaits its official commencement later in 2015, more members are set to join. The new bank will China give the chance to have an more important role than it has been offered in other U.S.-led financial institutions.Yet, why all the media furor over a new regional bank? AIIB has deeper political significance, because it is yet another multilateral platform where the  United States could choose  to engage an emerging China in view of the long-term power transition taking place in the current international system.

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