The U.S. has expressed reservations about the China-sponsored Asian Infrastructure Investment Bank, but some experts say opposing the newly established bank may not a wise choice for Washington.
However, Richard Cronin, director of Southeast Asia Program in the Stimson Center, a global security research group in Washington, said the U.S. opposition to the new entity is a mistake.
“Safeguards and accountability issues are certainly valid issues, but the other thing is it’s the reality. It’s happening,” Cronin said. “So the U.S. can express concerns but, you know, it’s not very good international politics to take a stance against the bank. I mean, it’s going to happen.”
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