The AIIB and the multilateralism with Chinese Characteristics

towards an institutional consolidation?

Authors

DOI:

https://doi.org/10.21530/ci.v19n1.2024.1387

Keywords:

Qualitative Change, China, Globalization with Chinese Characteristics, Geopolitics, Asian Infrastructure Investment Bank

Abstract

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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Author Biographies

Javier Vadell, Pontifícia Universidade Católica de Minas Gerais (PUC-Minas)

Doutor em Ciência Política pela Universidade Estadual de Campinas (Unicamp). Coordenador da Especialização em China Contemporânea da Pontifícia Universidade Católica de Minas Gerais (PUC-Minas). Professor do Programa de Pós-Graduação em Relações Internacionais da PUC-Minas.

Samuel Spellmann, Pontifícia Universidade Católica de Minas Gerais (PUC-Minas)

Doutorando em Relações Internacionais pela Pontifícia Universidade Católica de Minas Gerais (PUC-Minas). Membro do China Working Group da International Initiative for Promoting Political Economy, School of African and Oriental Studies, University of London (SOAS). E-mail: samuelspellmann@gmail.com

Published

2024-08-05

How to Cite

Vadell, J., & Spellmann, S. (2024). The AIIB and the multilateralism with Chinese Characteristics: towards an institutional consolidation?. Carta Internacional, 19(1), e1387. https://doi.org/10.21530/ci.v19n1.2024.1387