The AIIB and the multilateralism with Chinese Characteristics
towards an institutional consolidation?
DOI:
https://doi.org/10.21530/ci.v19n1.2024.1387Keywords:
Qualitative Change, China, Globalization with Chinese Characteristics, Geopolitics, Asian Infrastructure Investment BankAbstract
The creation of the Asian Infrastructure Development Bank (AIIB) occurs as a concretization
of a new multilateral created to incorporate the participation of States throughout the
world. This paper analyzes the contemporary economic and geopolitical transformations,
highlighting that the world order could be changing and fragmenting itself and that the
institutionalization of the AIIB, as a concretization of a new kind of multilateralism, which
challenges the American hegemony. This paper focuses on the movement for institutional
consolidation of the AIIB, understanding it as a part of the geopolitical moment faced by
China at the international level.
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Copyright (c) 2024 Javier Vadell, Samuel Spellmann
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