China

From Green Policy
Revision as of 14:59, 15 July 2015 by Siterunner (talk | contribs)
Jump to navigation Jump to search

Data points

(2015) For many years, China clamored to have its voting share at both the International Monetary Fund (IMF) and World Bank increased. Despite having the world's second largest economy, China only holds 5 percent of the votes at the World Bank, and 4 percent at the IMF. The US, meanwhile, holds 17 percent at each.

Efforts by the Obama administration to have China's quota raised, marginally, have been spurned by Congress. China's alienation from the global lenders and subsequent decision to strike out on its own have led to the perception that Washington's waning influence is partially self-inflicted.

-

http://www.greenpolicy360.net/w/Asian_Infrastructure_Investment_Bank

-

http://www.greenpolicy360.net/w/Eurasia

-

China-Pakistan 'Silk Road' extension

-

http://csis.org/publication/building-chinas-one-belt-one-road

Building China’s “One Belt, One Road”

Center for Strategic & International Studies / APR 3, 2015

On March 28, China’s top economic planning agency, the National Development and Reform Commission (NDRC), released a new action plan outlining key details of Beijing’s “One Belt, One Road” initiative. Chinese president Xi Jinping has made the program a centerpiece of both his foreign policy and domestic economic strategy. Initially billed as a network of regional infrastructure projects, this latest release indicates that the scope of the “Belt and Road” initiative has continued to expand and will now include promotion of enhanced policy coordination across the Asian continent, financial integration, trade liberalization, and people-to-people connectivity. China’s efforts to implement this initiative will likely have an important effect on the region’s economic architecture—patterns of regional trade, investment, infrastructure development—and in turn have strategic implications for China, the United States, and other major powers.


Loading map...