The AIIB Effect: A Glimpse into a New Era of Economic Cooperation The Indian ambassador to China, Pradeep Kumar Rawat, has emphasized the importance of deeper economic ties between India and China.
In doing so, he highlighted the Asian Infrastructure Investment Bank (AIIB) as a model for bilateral cooperation.
Rawat's emphasis on the AIIB is not surprising, given its reputation as a symbol of emerging market cooperation and a departure from traditional Western dominated institutions.