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China’s AIIB: A Big Deal or a Big Headache?

I've just returned from a two-week trip to the US. In my travels to New York and DC, it was almost impossible to find anybody who thought the US had handled the Asian Infrastructure Investment Bank saga well. There was much pontificating on how things had been so badly mishandled. There was a lot of inside-the-beltway finger pointing. But among all of this, I heard what, to me, was a novel reason why we should enthusiastically embrace any Chinese move toward more leadership in economic governance.

 

OTHER NEWS

US-China trade war is poised to intensify: ‘Both sides think they have the upper hand’

28/08/2018, 6:04 AM

The U.S.-China trade war will continue to escalate through the U.S. midterm elections, said Deborah Elms, executive director at the Asian Trade Centre. That is as there is not “enough pain in the system yet” for either side to want to try a new approach. https://www.washingtonpost.com/business/2018/08/27/us-mexico-reach-partial-agreement-resolve-trade-conflict-step-towards-nafta-deal/?utm_term=.e8088d2944eb

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China’s Wei threatens ‘fight to the end’ with US

3/06/2019, 5:33 AM

https://www.asiatimes.com/2019/06/article/are-chinese-operated-ports-a-security-risk-for-us-nato/

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