If the U.S. Passed the Trans-Pacific Partnership, the Bank Wouldn’t Be an Issue

In the New York Times, AHS speaker Daniel Blumenthal discusses the negative strategic and economic implication of U.S. allies joining the Asian Infrastructure Investment Bank:

"The truth is, China is in no position to lead Asia. China’s economy is stagnating as its debt grows, its labor force shrinks and its natural resource base is pillaged. The bank is just another way for China to recycle the dollar reserves it holds to sustain a distorted financial system."