China and the Longing for Making Order; An Insight toward the Emergence and Reliability of the AIIB

China is consolidating its position in the international system, taking advantage of a variety of channels in the process. The establishment of the Asian Infrastructure Investment Bank (AIIB) is a historical step by China in the international economic order. The AIIB, as an international financial and development institution attempts to engage and participate in the economic infrastructures of the member states. The question addressed in this research is, How could China's approach in establishing the AIIB be analyzed with respect to new economic developments in the last two decades?  The hypothesis is that the AIIB is considered as a network structure for making a centrality in the economic order for China, which facilitates the systemic evolution in international arena. The AIIB is therefore considered as a strategic turning point in the international economic order. This study argues that China is attempting to elevate and consolidate its economic role among the regional countries to institutionalize its centrality. Accordingly, it seems that China aspires to promote changes in the international system through a complementary and distinguished evolution. Therefore, the reliability of the AIIB is vital for this openness phase, and China is keenly going to maintain and strengthen the AIIB for coming games and required strategic plans.

Keywords:

AIIB , Centrality , China , International Economic Order , Inter-regionalism , Systemic Evolution