Demystifying the AIIB: Implications for China, Japan, and the United States | Tokyo
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Dean Merit E. Janow moderates this panel discussion -- a co-presentation of Japan Society and China Institute -- on the newly established Asian Infrastructure Investment Bank (AIIB), an ambitious initiative by China that aims to provide financing for infrastructure projects in Asia. While 57 countries have submitted their applications to join the AIIB as founding members, the U.S. and Japan have refrained, citing the bank’s unclear governance and a lack of transparency. Should the U.S. and Japan join the AIIB despite their reservations? In this panel discussion, we invite experts in global finance to discuss the outlook for China’s new $100 billion bank, and how the U.S. and Japan should engage with it. Panelists: Dr. Masahiro Kawai, Professor, Graduate School of Public Policy, University of Tokyo; former Dean & CEO, the Asian Development Bank Institute (ADBI) Dr. Eisuke Sakakibara, Professor, Aoyama Gakuin University; President, the Institute for Indian Economic Studies; former Japanese Vice Minister of Finance Dr. He Fan, Former Deputy Director of the Institute of World Economics and Politics, Chinese Academy of Social Sciences; Senior Research Fellow at the China Finance 40 Forum; Senior Economics Fellow at the Institute for New Economic Thinking Dr. Jeffrey Shafer, Founder & Principal, JRSHAFER INSIGHT; former Under Secretary of the U.S. Treasury for International Affairs Moderator: Dean Merit E. Janow, School of International and Public Affairs; Professor of Professional Practice, International Economic Law & International Affairs, Columbia University; Member of the Board of Directors, Japan Society June 16, 2015
Comments
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The professor from 2nd left: "What's the objective of building Infrastructure?" What a stupid question! What's the use of building roads, highway, ports, tunnels, bridges connecting points on earth? You need a PhD to answer this? Ultimately Japan is cut off because you are not linked to anywhere. You continue to do what the US wants you to do. Wonder which 2 major countries are still a non-member of AIIB? Which countries actually harbor ulterior agenda?
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The final goal of the American (juice) is to kill all (male) Chinese, so AIIB is absolutely important to Chinese.
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In either World Bank or IMF, US has the power to reject any project. Now US is condemning China for that power in AIIB.
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"not sure if it is multinational when there is a great influence from one single country..."
What about the World Bank? Headquartered in Washington DC, the US has the most voting power with 16%, second for Japan with 6.8%. And don't forget the IMF, again headquartered in Washington DC with the US having voting power of 17%, second by Japan with 6%.