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2015. április 23., csütörtök

China's "coup" against the World Bank





Despite folds in the United States that China takes over control of the world economy, one country after the other is connected to the new Asian Infrastructure Investment Bank (AIIB), which now enjoys 57 founding members.

New world order is emerging.

It is possible that one day historians year for realignment of power in the world will look back to 2015, the United States is the main loser.

On March 31, Beijing time at midnight China announced that no less than 46 countries came to participate in the initiative, which has since been joined by other nations. Since the announcement of the project, various government officials in the Obama all did their best to discourage some of the accession countries.

The AIIB a direct challenge to the currently dominant World Bank. The bank's primary objective is to provide investment in the development of the region to promote economic recovery projects.

Economists, according to the Asian nations achieve their full economic potential, it would need about $ 1,000 billion a year over the next 10 years.

The United States is a lack of transparency explains opposition (as if they all would be right in this area), the real reason but rather to help the new institution in China can gain greater foreign influence, in addition to the founding member countries due to membership twice will think before criticism fogalmaznának it to China, because it will be busy with that good trading partners and creditors consider them.

The United States is concerned about the law, as the World Bank, it has been established for decades, and this will mean for the AIIB not otherwise, with the difference that the new bank will represent a foreign policy that the United States does not like serious foreign policy influence.

After the last month, Britain finally joined the initiative, European Others followed his example in rapid succession, led by Germany, France and Italy.

Australia has fluctuated at first, but eventually had ropes, and Brazil, India, Norway, Russia, Spain and Turkey also have occurred.

Perhaps Japan is the only major economy, which decided to stay.

The move by many as a real coup on behalf of China, especially at a time when the country is more politically Beijing very much at odds.

President Xi is considered by many the greatest power in the country's communist history judge, totalitarian, some say specifically dictatorial leader.

In view of how the world is able to influence China's foreign policy?

An example of (conditionally):

China itself will require substantial areas in the South China Sea. Located near the Philippines Islands Spartly caused tension as most in this debate. China is currently building jet airplanes to runways here, which wants to strengthen territorial claim.

The formation of AIIB conceivable that China in exchange for the loans granted contends that the debtors will support the claims.

For example tempting credit for the Philippines may be offered in exchange for the assignment of the islands.






There are also environmental issues.

AIIB the principle is established for the development of infrastructure, which expects China to be very successful, but at the cost of such improvements done by serious environmental damage.

Bridges, roads and rail lines ripped up the country, the dams were destroyed whole ecosystems and entire forests have disappeared.

It is conceivable that the same result will AIIB other parts of Asia?

What about the working conditions and the quality of the supplies that are known to be bad in China?

The expansion of Chinese influence foreign policy is another example of Taiwan, which also joined the initiative.

Why is this interesting?

That's because China does not recognize Taiwan as an independent state, but instead sees it as a renegade province that will eventually be refunded back to the motherland.

Beijing stated that Taiwan will only connect to the new bank, if it "makes it appropriate as" the. Result? Taiwan was renamed the People's Republic of China may soon.

The United States is thus excluded from the buliból, while the rest of the world think that it is better to connect the inside and exert the necessary influence.

The question is, who will it affect?

Source: news.sky.com, idokjelei.hu

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