The Asian Infrastructure Investment Bank - the AIIB - offers China a potent voice on the world stage and challenges the dollar-based financial institutions with which it may one day compete including the IMF and the World Bank. So is this a defining moment in the rise of China? Pippa Malmgren, former Whitehouse Economic Adviser to George W Bush, Michael Pettis Beijing-based economic theorist and financial strategist, Steve Tsang, Head of School and professor of Contemporary Chinese Studies at Nottingham University and the BBC's China editor consider the question.
（翻译：亚洲基础设施投资银行即AIIB——为中国在世界舞台上提供了一个强有力的声音，挑战了以美元为基础的金融机构，可能会有一天与国际货币基金组织和世界银行进行竞争。所以这不是在中国崛起中的一个决定性时刻吗?Pippa Malmgren是白宫前总统布什的白宫经济顾问；驻北京的经济理论家和金融战略家迈克尔•佩蒂斯(Michael Pettis)；诺丁汉大学当代中国学院的教授和负责人Steve Tsang以及BBC 中国部编辑Carrie Gracie 共同思考这个问题。
For more details, please go to watch the BBC's docments@:http://www.bbc.co.uk/programmes/p02myqns




Editor's comments :As Chinese president Xi Jingping put forward the plan for establishing The AIIB, no western countries announce to embrace mainland China's ambitious proposal because of fearing of the objection from the USA. But now it's obvious to see more countries are pragmatic in making decision just considersing the interest of their own nation.In the coming years, the enterprises from the members of AIIB can do a lot . What do you think we can do in the constrcution of  asian infrastructure investment?