Bloomberg Business quotes Strategic Foresight Initiative Director Mathew Burrows on US reaction to the Asian Infrastructure Investment Bank:

“The most damaging part of this at the moment is the reaction of the allies; it’s a real snubbing,” said Mathew Burrows, a former U.S. intelligence analyst who’s now director of the Strategic Foresight Initiative at the Atlantic Council, a Washington policy group. “I think we fumbled badly, but I’m not convinced that there was any way to get the Chinese to back down on this institution.”


The Chinese “see themselves now as a big power,” Burrows said. “They do want to have a set of institutions particularly that operate in the region and show that China is the big power on the block.”

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