The AIIB and Global Governance

Despite official American and Japanese opposition, 57 countries have opted to be among the founding members of the China-led Asian Infrastructure Investment Bank (AIIB). Regardless of what naysayers believe, this remarkable turn of events can only benefit global economic governance.

Andrew Sheng & Xiao Geng, from Fung Global Institute via CHINA US Focus http://ift.tt/1GAbyi6