U.s. Asian Development Bank Essay

U.s. Asian Development Bank Essay

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Even though US policymakers and experts in US-China had already proposed solutions, it is clear that nothing has been effective. One such is the US’s insistence in joining the TPP (Trans Pacific Partnership) at the same encouraging one of its greatest ally in the far east, Japan to join as well. However, with the upcoming election and both candidates taking a firm stance against it, it’s easy to say to say that this plan will end in vain. Another solution I’ve observed and they, the US and Japan persists on doing, is not to join AIIB (Asia Infrastructure Investment Bank) which is headed by China. Although ADB (Asian Development Bank) already exists in the region, China still took the initiative to form its own with itself as the leader ⁽⁹⁾. It currently has 57 members, a good competition with ADB’s 67 especially when it just started its operation on December 2015 compared to ADB which began in December 1966 ⁽¹⁰⁾. While this may seem benefitting the region, the organization should be critically analysed. The rising power of China is volatile and with its domestic problems increasing, particularly the unemployment rate, the Communist Party leaders are trying to distract the people by focusing Chinese people’s attention out of China and to the world, resulting to amassed Chinese nationalism.
My solution to China’s rise into power is simple, meet or double the amount of soft and hard power China is projecting to expand its influence in Asia. The US has the capability to do so, and it doesn’t have to be the only one. The US should utilize its formed alliance with China’s neighbouring countries instead. My proposed resolutions are as follow;
1) The United States should start rebuilding and re-solidifying its alliances in the Pacific ...

... middle of paper ...

...gest trading partner ⁽²⁰⁾. It is also worth noting that when Haiyan, hit the Philippines back in 2013, the US pledged $20 million while China pledged less than $2 million ⁽²¹⁾. While it is admittedly not an amiable tactic to threaten a country through monetary aid, soft power is the easiest way to garner support like China is doing in Pakistan and bordering nations. This plan may backfire and totally isolate the Philippines but it has been proven, time and time, how money plays a vital role in controlling influence (e.g. UN) and may convince the Filipino people to revolt and force Duterte to reconsider. Sun Tzu said that “Opportunities multiply as they are seized”. If the US can successfully reaffirm its alliances in the Asian region, it can use the influence of these countries to help further U.S.’s agenda. Especially with generous donors like Japan in her line up.

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