Olin Wethington

  • AIIB: A Platform for US-China Cooperation

    Asian Infrastructure Investment Bank’s president sees an opportunity

    The Asian Infrastructure Investment Bank (AIIB) should be a platform for cooperation, not a point of conflict between the United States and China, the bank’s president, Jin Liqun, said at the Atlantic Council in Washington on April 24.

    Former US President Barack Obama’s administration was reluctant to join the AIIB amid concern that China would use the institution to set the global economic agenda at the cost of environmental protections, human rights, anticorruption measures, and governance standards.

    Jin recalled that in his conversations with Obama administration officials he often made the point that China was eager to work with the United States to create the AIIB. “When China and the US work together, wonderful things [will] happen,” he said.

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  • The Asian Infrastructure Investment Bank and Multilateralism in the 21st Century

    On April 14, 2017 the Atlantic Council’s Brent Scowcroft Center on International Security hosted a conversation with the honorable Jin Liqun, president of the Asian Infrastructure Investment Bank (AIIB). The discussion focused on his vision for the development of the AIIB, its approach to providing financing for Asian infrastructure, and the AIIB's internal governance process, as well as his thinking on multilateralism in the Asian-Pacific region. The AIIB celebrated its first year of operations in January and to date has invested over $2 billion in twelve projects across Asia.

    Following a warm welcome and introductory remarks by Fred Kempe, president and CEO of the Atlantic Council, President Jin proceeded to outline ongoing improvements and future expansions to the AIIB. He introduced AIIB’s current objective to bridge relations between Asia and the United States and followed with the slogan, “our bank is lean, clean, and green” and emphasized the importance of...

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  • Forbes Highlights Atlantic Council Report, A Path to US Leadership in the Asia-Pacific


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  • Forbes Features 'Shaping the Asia-Pacific Future' Report

    Forbes features the Atlantic Council report Shaping the Asia-Pacific Future: Strengthening the Institutional Architecture for an Open, Rules-Based Economic Order, cowritten by Brent Scowcroft Center Nonresident Fellow Olin L. Wethington and Brent Scowcroft Center Resident Senior Fellow Robert A. Manning:

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  • Shaping the Asia-Pacific Future: Strengthening the Institutional Architecture for an Open, Rules-Based Economic Order

    A national debate is heating up about the rise of China and what it means for US national interests. The assumptions guiding US policy toward China under eight presidents, from Nixon to Obama, are being called into question. Is China seeking to overturn the existing order and displace the United States in the Asia-Pacific? Shaping the Asia-Pacific Future: Strengthening the Institutional Architecture for an Open, Rules-Based Economic Order, the first report by the Brent Scowcroft Center on International Security's Project on Shaping the Asia-Pacific Future, addresses these questions. The authors—Olin Wethington, former Assistant Secretary of Treasury and Nonresident Fellow at the Scowcroft Center and Robert A. Manning, a Senior Fellow at the Scowcroft Center—assess financial, monetary, and trade trends in the region, and new challenges to the current order (such as China's Asian Infrastructure Investment Bank). The report outlines a set of recommendations for US policy that...
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  • Wethington on the Asian Infrastructure Investment Bank

    Brent Scowcroft Center Nonresident Fellow Olin Wethington joins Voice of America's Global to discuss China's intention for the Asian Infrastructure Investment Bank to be a multilateral institution and what that will mean in terms of accommodating the viewpoints of other shareholders:

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  • China's Vision for a More Prosperous Asia-Pacific Region

    On April 17, the Atlantic Council welcomed the People's Republic of China's Vice Minister of Finance, Zhu Guangyao, for an address on "China's Vision for a More Prosperous Asia-Pacific Region.” This event was hosted as part of the council’s Project on Shaping the Asia-Pacific Future, housed in the Brent Scowcroft Center on International Security, and provided a great deal of insight into China’s perspective on regional development, and the motivations behind recent initiatives like the Asian Infrastructure Investment Bank (AIIB).

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  • Japan's Priorities in Shaping the Future of the Asia-Pacific Economic Order

    On April 15, Atlantic Council's Asia Security Initiative in the Brent Scowcroft Center on International Security hosted an off-the-record discussion on “Japan's Priorities in Shaping the Future of the Asia-Pacific Economic Order.” The roundtable featured Tatsuo Yamasaki, the Japanese Vice Minister of Finance, with welcoming remarks from Jon M. Huntsman Jr., the Chairman of the Atlantic Council. The panel was moderated by Olin Wethington, Nonresident Senior Fellow of the Brent Scowcroft Center.

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  • Atlantic Council Announces Project on Shaping the Asia-Pacific Future

    The Atlantic Council today announced the launch of the Project on Shaping the Asia-Pacific Future, housed in the Brent Scowcroft Center on International Security.  The project aims to formulate practical policy recommendations related to some of the most pressing and fundamental requirements for long-term security and prosperity in the Asia-Pacific region.

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  • Top News: ISIS Captures Kurdish Headquarters in Kobani

    ISIS militants overran the headquarters of Kurdish forces defending the battleground Syrian border town of Kobani (Ayn al-Arab in Arabic) on Friday. Fierce fighting had raged for the complex throughout the morning after ISIS militants captured part of it used by the Kurds' internal security force on Thursday.


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