The rationale of European countries engage in AIIB

Abstract

Contribution of China to the world through critical initiatives is astonishing. The AIIB was initiated for the primary purpose of Asian infrastructure financing. Since the negotiations, AIIB has been competent to convince many countries to be founding participants. This kind of success has not merely occurred in Asia but also expanded west to persuade many European countries to participate in this initiative. The objective of this article is to examine the elements that may impact the decisions of these nations. Socialization theory has utilized for indeed analyzing the problems. Hence, this paper seeks to introduce the different strategies of China, challengers, and AIIB. Also, the qualitative and quantitative factors that could inevitably perform an essential function in the decision-making course of European countries have been elaborated.

Keywords

• european countries
• chinese foreign policy
• socialization
• mdb
• aiib