Edited by Ka Zeng
Chapter 20: China’s evolving role in global governance: The AIIB and the limits of an alternative international order
This chapter explores the implications of China’s Asian Infrastructure Investment Bank (AIIB) in the context of established patterns of global governance. We consider the impact that new institutional initiatives may have on the relative standing of the United States and China. We argue that developments such as the AIIB would be significant at any time, but they are especially so when Donald Trump is president, America’s willingness to provide international leadership is in doubt, and China seems to be offering alternative models of governance and development.
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