Publication

This note looks at what motivated China to create the Asian Infrastructure Investment Bank (AIIB) and how Beijing intends to use the bank to serve its political, economic, and strategic agendas. In particular, the author discusses how the AIIB is somewhat different to the organization China envisioned and that this is reflected in a series of issues including the membership, capital contribution, veto power, and the linkage between AIIB and China’s own economic agenda, as well as its governance and standard issues.