X
X

With Bank Summit, Georgia Strengthens China's Caucasus Connections

Ever a strategic crossroads, ardently pro-Western Georgia on August 25 became the site where the Asian Infrastructure Investment Bank, billed as the Chinese counterweight to the World Bank, chose its first president.

China's former deputy finance minister, Jin Liqun, got the pick at the August 24-25 meeting in Tbilisi, but it’s the longer term implications of the bank’s role that could prove more intriguing.

Initially meant as an Asia-only lending club, the Asian Infrastructure Investment Bank (AIIB) has fast expanded to attract members across Europe and is set to help China build international clout.

To read the full story

With Bank Summit, Georgia Strengthens China's Caucasus Connections

1 / 1
X
> <