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China’s New Investment Bank
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China’s New Investment Bank

A Premature Prophecy

Mark Fleming-Williams
Stratfor, 2015
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Editorial Rating

7

Qualities

  • Analytical
  • Overview
  • Background

Recommendation

In its latest bold move as it leaps onto the global economic stage, China has launched its own version of the World Bank. United States’ officials fret about the Asian Infrastructure Investment Bank, but there’s no need to worry just yet, Stratfor’s Mark Fleming-Williams writes in this brief analysis. He persuasively notes that, while China is gaining fast on the United States, the American position is under no imminent threat. getAbstract recommends this report to international business managers and policy makers seeking insight into global maneuverings.

Take-Aways

  • China established the Asian Infrastructure Investment Bank (AIIB) in 2015. United States’ officials see this move as a threat to US economic hegemony.
  • China, with a $3.8 trillion surplus, is eager to transform itself from a nation of savers to a nation of spenders, much as the United States did after World War II.
  • The nations that defied the United States by co-founding the AIIB gauged that access to China’s immense market potential was worth displeasing the world’s current top dog.

About the Author

Mark Fleming-Williams studies political economies, trade and financial trends for Stratfor, a geopolitical intelligence advisory firm.

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