The evolution of China’s Asian Infrastructure Investment Bank: from a revisionist to status-seeking agenda

作者:2018/12/26 03:25

The evolution of China's Asian Infrastructure Investment Bank: from a revisionist to status-seeking agenda

Jeffrey D Wilson


Abstract

China's Asian Infrastructure Investment Bank (AIIB) is a controversial addition to both the global and Asian economic architectures. Western critics have alleged it is a vehicle designed to achieve China's geostrategic goals, while scholars have argued it marks China's adoption of a 'revisionist' foreign policy strategy. This article argues that such interpretations are incorrect, as they fail to account for the evolution of China's AIIB agenda. To secure a broad membership and international legitimacy for the AIIB, China compromised with partners during governance negotiations in 2015. Western country demands saw several controversial initial proposals dropped, the governance practices of existing multilateral development banks were adopted, and cooperative partnerships were developed with the World Bank and Asian Development Bank. This transition from a revisionist to status-seeking AIIB agenda reveals the flexibility of Chinese economic statecraft, and its willingness to compromise strategic goals to boost the legitimacy of its international leadership claims.

 


中国亚洲基础设施投资银行的演变:从修正主义到地位追求议程


Jeffrey D Wilson


摘要

中国的亚洲基础设施投资银行(AIIB)是全球和亚洲经济体系中备受争议的补充。西方评论家称,它是一种旨在实现中国地缘战略目标的工具,而学者们则认为这标志着中国采取了“修正主义”的外交政策战略。本文认为这样的解释是不正确的,因为它们无法解释中国AIIB议程的演变。为了确保亚投行成员的广泛和国际合法性,中国在2015年治理谈判期间妥协。在西方国家要求下,撤下了几个有争议的议案,现有的多边发展银行的治理实践被采纳,并与世界银行和亚洲开发银行建立了合作伙伴关系。从修正主义到追求地位的亚投行议程的这种转变揭示了中国经济治国方略的灵活性,以及它为了提高其国际领导权的合法性而对战略目标进行妥协的意愿

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