| ID | 149630 |
| Title Proper | China and the world |
| Other Title Information | dealing with a reluctant power |
| Language | ENG |
| Author | Feigenbaum, Evan A |
| Summary / Abstract (Note) | In 2013, China launched [2] an initiative to establish a new multilateral development institution, the Asian Infrastructure Investment Bank [3]. The AIIB, Beijing argued, could help fill a multitrillion-dollar gap in financing for railways, roads, power plants, and other infrastructure in the world’s fastest-growing region. But the United States treated China’s proposal as a challenge to the existing regional and global development institutions that it had helped establish in the decades after World War II [4]. Washington not only refused to join the bank itself but also launched a quiet diplomatic campaign to dissuade its allies from doing so either. |
| `In' analytical Note | Foreign Affairs Vol.96, No.1; Jan-Feb 2017: p.33-40 |
| Journal Source | Foreign Affairs Vol: 96 No 1 |
| Key Words | United States ; China ; World ; AIIB ; Reluctant Power ; Multilateral Development Institution ; Regional and Global Development |