Xinhua China is going to take a leading role in emerging and developing countries, particularly in the Silk Road Economic Belt region, a British expert said in a recent interview with Xinhua. by Wu Congsi
'When talking about the Asian Infrastructure Investment Bank (AIIB),
Kamel Mellahi pointed out it is a part of a comprehensive and well-integrated
strategy to modernize Asia as a whole and help to build the much-needed
'The intention is a win-win strategy with lasting results. China would
no doubt benefit a great deal from enhancing physical connectivity in
Asia. At the same time, the countries and regions can make use of
China's funding capacity and strong capability in the construction of
transport infrastructure, Mellahi elaborated.
'That explains the strong backing of the strategy is not only from
countries and regions in Asia, but also from a large number of countries
and regions around the world.
'"In the long term, the strategy will not only transform the Asia
Pacific region but will have a profoundly positive impact on Eurasia,
the Middle East and a significant part of Africa," Mellahi noted.
'The professor emphasized that the AIIB is a complement, not a rival to the existing institutions.
'The bank is unlikely to shift the economic center of gravity of the
global economy away from the West and towards the East, but it will help
transform the region into a highly connected economic powerhouse, he
'"The AIIB is unique and complements the existing institutions. It is
going to be the driving force behind regional connectivity. The Silk
Road Economic Belt region needs a strong institution that is fully
dedicated to connecting the region through the development of the
region's infrastructure," said Mellahi.'