China's multilateral playbook
India, Sept. 20 -- The Asian Infrastructure Investment Bank (AIIB), based in Beijing, operates under Articles of Agreement requiring that its officers not be influenced by the political character of any member, and that only economic considerations bear on their decisions.1 That is not its actual practice, however. The Chinese Communist Party (CCP) drove the creation of the AIIB, co-founded the New Development Bank (NDB) with its BRICS (Brazil, Russia, India, China, South Africa) partners, and led the formation of the Shanghai Cooperation Organization (SCO) out of the Shanghai Five. It did not build any of them with the intention that they be apolitical or neutral. It built them to advance the CCP's objectives. What varies among them is n...
Click here to read full article from source
To read the full article or to get the complete feed from this publication, please
Contact Us.