U.S. and China debate over global governance
There is constant debate over who should dictate the laws of the global economy. For the last 100 years or so, that duty has fallen on the shoulders of the United States. Recently, we have seen China’s world influence increase dramatically. With initiatives like the newly ratified BRICS (Brazil, Russia, India, China) development bank and the Chinese investment bank AIIB (Asian Infrastructure Investment Bank), China … Continue reading U.S. and China debate over global governance