Mapping China Journal No. 1

Mapping China Journal Number 1 / 2017 Mapping China’s International Relations: Processes of Integration and Disintegration in the 21st Century Read the full Mapping China Journal Number 1 here.Individual Chapters: Read the Editors' Note and Introdu ...

The emergence of the AIIB in the context of current multilateral development cooperation

by Thomas Otto

After becoming an important global creditor of foreign direct investment, China now also takes a leading role in multilateral development cooperation by establishing a new multilateral development bank (MDB), the Asian Infrastructure Investment Bank (AIIB). This step, as I will argue, is not taken by chance but is a reaction to the existing problems of MDBs’ lending activities in Asia. The establishment of the AIIB begs the question in what way China tries to transform current multilateral investment in Asia.

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