• Research
  • Politika
  • About
Carnegie Russia Eurasia center logoCarnegie lettermark logo
  • Donate
{
  "authors": [
    "Evan A. Feigenbaum"
  ],
  "type": "legacyinthemedia",
  "centerAffiliationAll": "dc",
  "centers": [
    "Carnegie Endowment for International Peace"
  ],
  "collections": [],
  "englishNewsletterAll": "asia",
  "nonEnglishNewsletterAll": "",
  "primaryCenter": "Carnegie Endowment for International Peace",
  "programAffiliation": "AP",
  "programs": [
    "Asia"
  ],
  "projects": [],
  "regions": [
    "East Asia",
    "China"
  ],
  "topics": [
    "Economy",
    "Trade",
    "Foreign Policy"
  ]
}

Source: Getty

In The Media

Is the U.S. Wrong to Reject the China-led Asian Infrastructure Investment Bank?

Washington has made a mistake in approaching the Asian Infrastructure Investment Bank as a competition between the United States and China.

Link Copied
By Evan A. Feigenbaum
Published on Mar 29, 2015

Source: CNBC

Speaking on CNBC, Carnegie’s Evan Feigenbaum contended that in the post-World War II period, the Bretton Woods system has been important in maintaining global economic security. Moving forward, elements of this system should be preserved. However, he asserted that the United States made a mistake in approaching the China-led Asian Infrastructure Investment Bank (AIIB) as a competition between the United States and China. Moreover, he argued that the United States is still coming to terms with China’s rise and increasing role on the world stage.  

This interview was originally broadcast by CNBC.

About the Author

Evan A. Feigenbaum

Vice President for Studies

Evan A. Feigenbaum is vice president for studies at the Carnegie Endowment for International Peace, where he oversees work at its offices in Washington, New Delhi, and Singapore on a dynamic region encompassing both East Asia and South Asia. He served twice as Deputy Assistant Secretary of State and advised two Secretaries of State and a former Treasury Secretary on Asia.

    Recent Work

  • Commentary
    In Its Iran War Debate, Washington Has Lost the Plot in Asia

      Evan A. Feigenbaum

  • Commentary
    Beijing Doesn’t Think Like Washington—and the Iran Conflict Shows Why

      Evan A. Feigenbaum

Evan A. Feigenbaum
Vice President for Studies
Evan A. Feigenbaum
EconomyTradeForeign PolicyEast AsiaChina

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.

More Work from Carnegie Russia Eurasia Center

  • Commentary
    Carnegie Politika
    Who Does Azerbaijan Want to See Win Armenia’s Elections?

    By fueling the arguments of both supporters and opponents of Armenian Prime Minister Nikol Pashinyan, Azerbaijan wants to ensure he is re-elected with a weaker mandate.

      Bashir Kitachaev

  • Commentary
    Carnegie Politika
    Russia’s Elite Conflict Over Internet Restrictions Does Not Herald Regime Collapse

    A much-discussed disagreement over internet restrictions in Russia was never an existential threat for Putin: It was about elite groups protecting their interests.  

      Alexandra Prokopenko

  • Commentary
    Carnegie Politika
    Is Belarus Really Set to Return to the Ukraine War?

    By reminding the world that Lukashenko is a threat to NATO and Ukraine, Kyiv is trying to return the focus to why the Belarusian regime needs to be contained rather than rewarded.

      Artyom Shraibman

  • Commentary
    Carnegie Politika
    Could Migrants From India and Africa Solve Russia’s Labor Shortage?

    The demands of the Kremlin’s war in Ukraine, demographic problems, and public hostility toward Central Asians mean Russia does not have enough workers.  

      Salavat Abylkalikov

  • Commentary
    Carnegie Politika
    Russian Market Sours for Belarusian State Companies

    Minsk’s faith in the future of its larger neighbor’s economy is fading as Belarusian firms in Russia see record losses.    

      Olga Loiko

Get more news and analysis from
Carnegie Russia Eurasia Center
Carnegie Russia Eurasia logo, white
  • Research
  • Politika
  • About
  • Experts
  • Events
  • Contact
  • Privacy
  • For Media
Get more news and analysis from
Carnegie Russia Eurasia Center
© 2026 Carnegie Endowment for International Peace. All rights reserved.