AIIB shows increased US-China institutional rivalry
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Significance London's actions drew a harsh, if unofficial, reaction from the White House. It underscores the growing rivalry between the United States and China over the changing architecture of global and regional institutions. Impacts Institutional competition will not spill over much into the security field, where China's neighbours seek to balance it. Increased European involvement in South-east Asia will accelerate movement towards an EU-ASEAN free trade agreement. Increased international prestige could help Chinese President Xi Jinping's domestic clout.
1990 ◽
Vol 84
(2)
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pp. 394-443
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2000 ◽
Vol 32
(2)
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pp. 312-313
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