China; It�s their turn to eat

The issue at hand now is the creation of the new international financial institution, the Asian Infrastructure Investment Bank.

It seems a lot of odds are playing against the US in this entire scenario. The bank itself is a threat to the old existing Breton Woods institutions in the names of the World Bank and the International Monetary Fund. These two institutions have in the past determined the world’s heart beat in as far as global economy is concerned and the US literally owns them.