Chinese-Led Asian Infrastructure Investment Bank – Examining Impact
from The News Doctors What is it? How will it impact the US? France, Germany and Italy have followed the U.K. and have decided to join as charter members. The following is a mini-documentary and debate from PressTV Part I – The Debate – Banking Rivalry? What do you think about the formation and growth of the Chinese-led Asian Infrastructure Investment Bank (AIIB) which some say is a rival to the Western-dominated World Bank? Furthermore, what is the Asia infrastructure Bank? Those are some of the key questions we’ll be asking in this edition of the debate. The US has been disappointed by UK’s move to join the investment bank, in which France, Germany, and Italy have also applied for membership. Is this Chinese soft power, or does it represent US’s financial decline? Part II – The Debate – Banking Rivalry?