[Home]  [Headlines]  [Latest Articles]  [Latest Comments]  [Post]  [Sign-in]  [Mail]  [Setup]  [Help] 

Status: Not Logged In; Sign In

Iran Disables GPS, Joins China’s Beidou — The End of U.S. Satellite Dominance? Ukraine's Withdrawal From Anti-Personnel Landmine Treaty Could Haunt Generations 71 killed in Israeli attack on Iran's Evin Prison Practice Small, Daily Acts Of Sabotage Against The Imperial Machine "EVERYONE'S BEEN SHOT UP HERE": Arsonists Set Wildfire In Northern Idaho, Open Fire On Firefighters, Police In Ambush Trump has Putin trapped, and the Kremlin knows it Kamala's comeback bid sparks Democrat donor meltdown amid fears she'll sink party in California Russia's New Grom-A1 100 KM Range Guided Bomb- 600 Kilo UKRAINIAN CONSULATE IN ITALY CAUGHT TRAFFICKING WEAPONS, ORGANS & CHILDREN WITH THE MAFIA Andrew Cuomo to stay on ballot for NYC mayor in November general election The life of the half-immortal who advised CCP (End of CCP in 2026?) Millions Flee China’s Top Cities Violence begets violence: IDF troops beaten, choked, rammed by Jewish settlers in West Bank Netanyahu Says It's Antisemitic For Israeli Soldiers To Describe Their Own Atrocities China's Economy Spirals With No End In Sight, Says Kyle Bass American Bread Cannot Be Sold in Most Countries Woman Spent Her Life To Prove 796 Babies were buried under Catholic Home Japan Got Rich Without Getting Fat US Spent $495.3 million to fire 39 THAAD Missiles Private Mail Back Online Senior Israeli officials tell Israeli media that they intend to attack Iran after ceasefire. Palestinian Woman Nails Israeli Tucker Carlson: Marjorie Taylor Greene: Diverse Coney Island in New York looks unrecognizable after third world invasion Corbett Report: Palantir at the Heart of Iran Haifa, Israel Before and After Nobody can hear you anymore. Boattail Buick: The Bill Mitchell's Riviera Revival! Pulitzer Winning Washington Post Journalist Busted For Child Porn 20 Big Restaurant Chains Are Closing Several Locations All Over America

Editorial
See other Editorial Articles

Title: Taiwan should seek to join AIIB
Source: [None]
URL Source: [None]
Published: Mar 21, 2015
Author: staff
Post Date: 2015-03-21 00:32:30 by Tatarewicz
Keywords: None
Views: 28

Want...

Founding members of the Asian Infrastucture Investment Bank at a signing ceremony in Beijing, Oct. 24, 2014. (File photo/Xinhua)

Founding members of the Asian Infrastucture Investment Bank at a signing ceremony in Beijing, Oct. 24, 2014. (File photo/Xinhua)

Efforts by the United States to discourage its allies from joining the China-led Asian Infrastructure Investment Bank (AIIB) suffered a major setback this month when the UK, France, Germany and Italy all said they hoped to join the bank as founding shareholders. Australia and South Korea are also likely to take part.

The AIIB is closely related to China's "One Belt, One Road" development strategy to deepen and expand cooperation with neighboring trading and strategic partners. The bank will help promote connectivity among Asian and European countries and has attracted the participation of 27 countries in Southeast Asia, Central Asia, South Asia and the Middle East. If the four European countries are included, the number of founding members of the bank will exceed 30 by the end of this month.

The focus of the AIIB is different from that of the Asian Development Bank (ADB), led primarily by the United States and Japan. The former aims to provide finance to infrastructure projects in the Asian region, while the latter is mainly aimed at reducing poverty. The two will not compete with each other but can complement each other.

Taiwan, which has not been able to play an effective role in the ADB, should discuss with China the possibility of joining the AIIB.

Taiwan should have the wisdom to overcome the "US factor." By making a contribution to infrastructure investment in the Asian region, Taiwan will avoid marginalization, fulfill its responsibility to the international community and help its businesses expand their international presence.

Post Comment   Private Reply   Ignore Thread  

[Home]  [Headlines]  [Latest Articles]  [Latest Comments]  [Post]  [Sign-in]  [Mail]  [Setup]  [Help]