China’s rise is altering global power relations, reshaping economic debates, and commanding tremendous public attention. Despite extensive media and academic scrutiny, the conventional wisdom about China’s economy is often wrong. Cracking the China Conundrum provides a holistic and contrarian view of China’s major economic, political, and foreign policy issues.
The Chinese build more infrastructure than any other country (foreign or African) in Africa. Chinese banks are financing billions of dollars...
China ratifies an agreement with the world's largest emerging nations to create a new development bank, alternative to western institutions such as the World Bank.
Obama worries the new bank will compete with the Western-led World Bank and the International Monetary Fund.
At the center of these efforts is the new Asian Infrastructure Investment Bank and plans for pan-Asian infrastructure .
US leaders have for years said Asia-Pacific nations do not have to choose between China and the US.
Seoul makes assurances about AIIB’s governance, which U.S. has been wary about.
The United States has handled its economic diplomacy with shocking myopia.
Now that much of Europe has announced its intentions to join the China-led Asian Infrastructure Investment Bank (AIIB), was Washington’s initial opposition a mistake? Assuming the AIIB does get off the ground, what might it mean for future...
China plans a new bank to help match Asia’s vast savings with its even vaster need for infrastructure.
Xinhua described the U.S. as “petulant and cynical” for declining to join the Asian Infrastructure Investment Bank.
The move by U.S. allies to participate in Beijing's flagship economic outreach a diplomatic blow to Washington.
U.S. statement says of U.K. membership that it is ‘worried about a trend of constant accommodation’ of China.
The yuan is not yet fully convertible and will not be for several years, which limits China's influence.
Brazil, Russia, India, China and South Africa (aka the ‘BRICS’) are moving forward with an ambitious plan to shake up the clubby world of development finance. The new BRICS bank announced over the summer 2014 is expected to have a profound impact...
Three top executives serving in recent years at the World Bank and its emerging markets financing arm International Finance Corp. (IFC) have called China home.
Economist Cai Jinyong became the fourth in October 2012, when he was named IFC'...
