Taiwan Applies to Join AIIB Under ‘One China,’ Sparking Protests

The AIIB: China’s Just Getting Started

The AIIB’s success doesn’t mean that China has deposed the US — but the game has only just begun.

As more U.S. traditional allies such as the United Kingdom, Germany, France, and Italy decide to join the China-led Asian Infrastructure Investment Bank (AIIB), people may start to wonder: Is this a sign that the U.S. is in irreversible decline?

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