Eastern Europe’s China Pivot
“Beijing’s star is rising in central and eastern European nations,” reports the Financial Times, citing data collected in collaboration with the CSIS Reconnecting Asia Project.
Tag Multilateral Banks
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Questions Remain for Evolving AIIB
After the Asian Infrastructure Investment Bank (AIIB) was first proposed by Chinese President Xi Jinping in 2013, a number of observers, including within Japan and the United States, questioned its underlying motivations. The intensity with which the bank was both attacked and defended in the period before it opened its doors has thrown a spotlight on debates that existed long before Xi’s 2013 announcement. Chief among them are fundamental questions about who should dictate the rules of global governance and what role multilateral development banks (MDBs) should play in carrying them out. The AIIB concluded its second annual meeting in Jeju Island, South Korea on June 16, yet many of those questions remain open.
ADBI Recommended Reading
The Asian Development Bank Institute (ADBI) works to identify effective development strategies and improve the capacity for sound development in ADB member countries. Here is a selection of their work related to four areas the Reconnecting Asia Project covers: climate change and sustainability, energy, regional integration, and infrastructure finance. This page will be updated as new research becomes available.
AIIB Gathers in South Korea
Quotes and Quotas is a weekly digest of phrases and facts that help explain Asia’s infrastructure push.
Belt and Road Summit
The Belt and Road’s expansiveness is a double-edged sword. Chinese officials can highlight individual successes and, pointing to a long roster of participants, they can claim international support. Beneath its global banner, though, the Belt and Road is mostly bilateral deal-making.