Abstract
The establishment of Asian Infrastructure Investment Bank (AIIB) is China’s first attempt to play a leading role in an international development agency, as well as an important deployment of international political and economic strategy in the new era. This article makes a comprehensive development evaluation on the newly-established bank based on Double Diamond Model. Main factors during the process are capabilities, demand conditions, relevant and supporting industries, business strategies, structures and competitions in the industry, government, and opportunity. Finally, concerns and countermeasures will be proposed according to the assessment.
Highlights
From APEC, the G20, to a China-led Asian Infrastructure Investment Bank (AIIB), this has become a hot topic both at home and abroad
AIIB is the world’s first professional, regional, quasi-commercial-operation investment bank, which specializes in infrastructure services for the Asian region
Compared with Asia Development Bank (ADB), it pays more attention to the “hardware” in the field of railways, highways, bridges, ports, power, telecommunications, oil and gas transportation, in some projects which do not conform to social security, environment claims and are denied by the ADB and the World Bank (WB)
Summary
From APEC, the G20, to a China-led AIIB, this has become a hot topic both at home and abroad. AIIB is the world’s first professional, regional, quasi-commercial-operation investment bank, which specializes in infrastructure services for the Asian region. Many countries are in favor of the foundation of AIIB whose purpose is to provide funds for Asian Country’s Infrastructure. Developing countries in Asia are in a period of rapid economic construction which is in a great demand for funds. According to forecast of ADB, the Asian economy needs $8 trillion for internal infrastructure, $300 bil-. (2015) Comprehensive Development Evaluation System of Asian Infrastructure Investment Bank Based on Double Diamond Model. Radiation area of AIIB is not confined to Asia, and many developed countries, such as Britain, France and Germany and Italy. Academe is quite concerned about the issue, and it is of great value to establish a comprehensive evaluation of AIIB and find out some possible countermeasures to solve the potential problems
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