Abstract
The Asian Infrastructure Investment Bank (AIIB) appeared at its inception to be a Beijing‐led multilateral development bank that is focused on the financing of mega infrastructure projects. The role for meaningful participation by offshore financial centers such as Hong Kong and Singapore was less defined. This article maps the growing role and influence of these two city‐states within the ongoing development of the AIIB. It analyzes the respective and distinct motivations of Hong Kong and Singapore as members in the AIIB, and assesses how each city is positioning itself to make unique contributions to the new multilateral development bank. Copyright © 2019 University of Durham and John Wiley & Sons, Ltd.
| Original language | English |
|---|---|
| Pages (from-to) | 660-666 |
| Journal | Global Policy |
| Volume | 10 |
| Issue number | 4 |
| Early online date | Sept 2019 |
| DOIs | |
| Publication status | Published - Nov 2019 |
Citation
Li, Y.-W. V. (2019). Leveraging Asia's financial hubs for the AIIB: Hong Kong and Singapore. Global Policy, 10(4), 660-666. doi: 10.1111/1758-5899.12735UN SDGs
This output contributes to the following UN Sustainable Development Goals (SDGs)
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SDG 9 Industry, Innovation, and Infrastructure -
SDG 10 Reduced Inequalities