2018
DOI: 10.33021/aegis.v2i2.422
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Asian Infrastructure Investment Bank (AIIB) as an Instrument for Regional Leadership of China in the East Asia Region

Abstract: <p>The establishment of the Asian Infrastructure Investment Bank (AIIB) has sparked many debates and controversies in the last five years since it was announced back in 2013. Amongst studies trying to explain the reason for the establishment of the AIIB, most of them are based on the analysis of Sino-U.S. relations especially on how they overlooked China as a replacement for global hegemon to the U.S.However, considering China’s foreign policy in the recent decade, the establishment of the AIIB is consid… Show more

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Cited by 3 publications
(8 citation statements)
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“…First, as the country with the second-largest economic power in the world, China has only a small influence in world economic institutions such as the IMF, World Bank, and WTO (Chow, 2016). And its economic condition continues to improve until it becomes a competitor to the United States but in the position of China it is not a significant country in the world economic system (Raharyo, 2018). So that this encourages China to look for other alternatives so that it can be significant in the world economic system that is monitored by international institutions, this is one of the reasons why China's AIIB.…”
Section: B China's Interest In Aiib Decoration;mentioning
confidence: 99%
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“…First, as the country with the second-largest economic power in the world, China has only a small influence in world economic institutions such as the IMF, World Bank, and WTO (Chow, 2016). And its economic condition continues to improve until it becomes a competitor to the United States but in the position of China it is not a significant country in the world economic system (Raharyo, 2018). So that this encourages China to look for other alternatives so that it can be significant in the world economic system that is monitored by international institutions, this is one of the reasons why China's AIIB.…”
Section: B China's Interest In Aiib Decoration;mentioning
confidence: 99%
“…The second interest is infrastructure in Asia so that it can accelerate economic growth (Raharyo, 2018).…”
Section: B China's Interest In Aiib Decoration;mentioning
confidence: 99%
See 3 more Smart Citations