April 4th, 2015
Episode 207 of 731 episodes
The Asian Infrastructure Investment Bank - the AIIB - offers China a potent voice on the world stage and challenges the dollar-based financial institutions with which it may one day compete including the IMF and the World Bank. So is this a defining moment in the rise of China? Pippa Malmgren, former Whitehouse Economic Adviser to George W Bush, Michael Pettis, Beijing-based economic theorist and financial strategist, Steve Tsang, Head of School and Professor of Contemporary Chinese Studies at Nottingham University and the BBC's China Editor Carrie Gracie consider the question.