{
"authors": [
"Tang Xiaoyang"
],
"type": "legacyinthemedia",
"centerAffiliationAll": "",
"centers": [
"Carnegie Endowment for International Peace",
"Carnegie China"
],
"collections": [
"China and the Developing World"
],
"englishNewsletterAll": "",
"nonEnglishNewsletterAll": "",
"primaryCenter": "Carnegie China",
"programAffiliation": "",
"programs": [],
"projects": [],
"regions": [
"Southern, Eastern, and Western Africa",
"East Asia",
"China"
],
"topics": [
"Economy"
]
}
Source: Getty
Although its initial focus will be Asia, the Asian Infrastructure Investment Bank may eventually broaden its scope to provide development assistance to countries in Africa as well.
Source: China Africa Project
Fifty-seven countries, including two from Africa, are among the founding members of China’s new development bank, the Asian Infrastructure Investment Bank (AIIB). While the new bank’s primary objective will be developing infrastructure projects in Asia, as its name suggests, there is widespread anticipation (mixed with some hope) that the bank will expand the scope of its work to eventually include Africa and other developing regions.
Carnegie–Tsinghua’s Tang Xiaoyang joined Eric Olander and Cobus van Staden to discuss the AIIB and what implications it could have for development finance in Africa.
This podcast was originally broadcasted by the China Africa Project.
Tang Xiaoyang
Former Resident Scholar and Deputy Director, Carnegie-Tsinghua Center; Chair and Professor, Department of International Relations, Tsinghua University
Tang Xiaoyang is the chair and a professor in the Department of International Relations at Tsinghua University. He was a resident scholar and the deputy director at the Carnegie-Tsinghua Center until June 2020.
Carnegie does not take institutional positions on public policy issues; the views represented herein are those of the author(s) and do not necessarily reflect the views of Carnegie, its staff, or its trustees.
As geopolitical rivalry weaponizes global supply chains, the EU’s true vulnerability lies in emerging-risk imports. For these goods, suppliers are growing more concentrated, substitution more difficult, and political risk is looming.
Sinan Ülgen
The EU is putting together a new security strategy to meet today’s myriad challenges. But for any proposal to be effective, the union needs to grapple with its identity and ambitions.
Pierre Vimont
Amid uncertainty caused by the Iran war, the global drive for nonproliferation has stalled. With Europe diplomatically marginalized and countries reassessing their nuclear options, efforts to curb the spread of nuclear weapons risk becoming irrelevant.
Jane Darby Menton
Between the United States’ market-driven approach and China's state-led industrial strategy, Europe is reckoning with how it can remain competitive in the global economy. But is Europe in danger of becoming a U.S. or China colony?
Noah Barkin, Anu Bradford
The U.S.-sponsored TRIPP deal is driving the Armenia-Azerbaijan peace process forward. But foreign and domestic hurdles remain before connectivity and economic interdependence can open up the South Caucasus.
Thomas de Waal, Areg Kochinyan, Zaur Shiriyev