Comments on the China-sponsored Asian Infrastructure Investment Bank

Date

May 12, 2015, 12:00 AM EDT
Online event coordinated by the China Development Research Foundation

Event Summary

Adam S. Posen, president of the Peterson Institute, participated in the online event "Global Economic Trends and the Policy Outlook," coordinated by the Beijing-based China Development Research Foundation on May 12, 2015. Posen discussed the reasons behind his view that it was a mistake for the United States not to join the Asian Infrastructure Investment Bank (AIIB), a new multilateral development bank initiated by China.