1. No interference in the internal affairs of other nations
2. Does not seek to increase the so called "sphere of influence"
3. Does not strive for hegemony or dominance
Advertisement
Ultimately, the AIIB can be a great force for political stability, economic growth and a greening economy in Asia. The key is recognizing that China needs to make outward investment as much as her neighbors need inward investment. Doing things right will solve a host of problems simultaneously.
Discuss in our Forums
See what other readers are saying about this article!
Click here to read & post comments.
3 posts so far.
About the Author
Stewart Taggart is principal of Grenatec, a
non-profit research organizing studying the viability of a Pan-Asian Energy
Infrastructure. A former journalist, he is co-founder of the DESERTEC
Foundation, which advocates a similar network to bring North African solar
energy to Europe.