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By Hong Zhao - 16 Jul 2018
ASEAN’s plans to strengthen connectivity has prompted and heightened competition between the two Asian giants of China and Japan, particularly in the areas of infrastructure financing and high-speed rail construction.
By Hong Zhao - 09 May 2018
By Hong Zhao - 12 Dec 2016
At the 13th China-ASEAN Expo and China-ASEAN Business and Investment Summit, Chinese Vice Premier Zhang Gaoli said that China will support the building of ASEAN Community, ASEAN’s central role in regional cooperation, and ASEAN to play a greater role in international and regional affairs.
The contribution that the AIIB can offer to the global financial governance system is that it will inject new funds and help meet the large financing gap in the global infrastructure sector.
After Beijing proposed the One Belt One Road initiative in 2013, some Western commentators expressed fear and concern that China will use it for narrow political or economic ends.