The Asian Infrastructure Investment Bank and How China is Financing BRI

Abstract

Asian countries and regions have dedicated to the development of international economy and infrastructure establishment, among which China is endeavoring to make contributions and take actions to the sustainable development of international economic system. This article studies the history, current situation, and future prospects of the relationship and projects between the Asian Infrastructure Investment Bank (AIIB) and the Belt and Road Initiative under COVID-19. It analyses the projects that the AIIB has participated in the Belt and Road Initiative and evaluates the impact of each country’s policies. It puts forward the construction investment of the Belt and Road Initiative in which some different countries and regions cooperate and participate in. The results enumerates some problems encountered in the development process such as tariff barriers, trade barriers, and political factors, and analyses the corresponding solutions based on this.