AIIB and China’s diplomatic image

1200-1500 wordsNo need to write the intro, just focus on the following outline, some adjustment can be madeAIIB’s diplomatic role:- Undermining American Plans to Establish a Political and Commercial containment around China- Bonding with traditional U.S allies, influence US dominance role, shake US ‘hegemony’- Prestige – Projecting Chinese National Power in the Realm of Finance- China’s international political power bank.What does AIIB has to do with China’s reformist role?- striving for a breakthrough in changing the existing international financial order.- promote traditional MDB’s to reform the development of finance and lending conditions.Prestige –  a more assertive leadership in the financial realm.- sign of China’s rising economic and financial powern Deng Xiaoping’s most famous remarks: “it is glorious to be rich.”Synergy BRI- Decrease the dependence of Chinese trade tie with the US market – diversification of trade partnerships.- Deeper pan-Eurasian interconnection – enable the convergence of geopolitics, economic, financial, and energy interests – strategic rebalancing US- collaboration with the Russian – counterbalance the USAIIB could bankroll profitable BRI projects that ultimately respond to Beijing’s geopolitical interests.