Expand Cut Tags

No cut tags

Mar. 17th, 2015

whocares1970: (Default)
Нaскoлькo серъёзны все эти движения пo финaнсoвoму oбъединению рaзных стрaн с Китaем?

Last week marked a rare riff in the “special relationship” between the UK and the US. The countries clashed publicly after the UK announced that it would join the Asian Infrastructure Investment Bank (AIIB), a new multilateral financial institution that is a result of China’s budding efforts to project its influence abroad.

The AIIB was launched in October with the backing of 20 other countries, led by China. The UK is the first of the G7 leading economies to join the bank; Japan, South Korea, Australia, the US, and other leading Western economies declined to be among the founding members. The bank is about one-third the size of the Asian Development Bank, with $50 billion in capital as opposed to ADB’s $165 billion.

The AIIB is just one of China’s recent efforts to remake the world’s multilateral institutions in its own image. In partnership with India, Russia, Brazil and South Africa, China also set up the New Development Bank, also known as the BRICS bank, last year, as well as a development bank led by the Shanghai Co-operation Organization and a currency reserve fund to help countries cushion against financial crises and shocks.

Washington has been lobbying its allies not to join the AIIB. An Obama administration official quoted anonymously by the Financial Times accused the UK of “a trend of constant accommodation of China, which is not the best way to engage a rising power.”

Profile

whocares1970: (Default)
whocares1970

October 2024

S M T W T F S
  12345
6789101112
13141516171819
20212223242526
27 28293031  

Most Popular Tags

Style Credit

Page generated May. 23rd, 2025 10:36 pm
Powered by Dreamwidth Studios