During the first Annual Summit organized by the Asian Infrastructure Investment Bank (AIIB) in Beijing, China has shown her intention to take over the global leadership in infrastructure investment. By the end of this year, AIIB would have more than 100 members, making it the first lending institution in multilateral loans in history, under the control of the most important emerging countries. Yet, it is expected that she makes the decision of dropping off the Dollar, as it is the only way to break away from US hegemony in international finance.This is an especially bold move since it is taking on only US hegemony and Western neoliberal dominance, but also "the masters of the universe" that control global finance. Get ready for the fireworks. Some sparks have already begun to fly.
China is setting up the menu for Global Financial Order
Thierry Meyssan, founder and chairman of Voltaire Network and the Axis for Peace Conference