The United States is still part of the solution, but never again will it be the only solution.
Hiding in the background is a power struggle between the world's two strongest economies.
Last October, 12 Asian countries, the founding members of the Asian Infrastructure Investment Bank, signed the AIIB memorandum, and the bank was formally established. It is undeniable that the founding of the AIIB ended the American domination in the international finance arena. America has tried ceaselessly to defeat [Read more]
The UK is set to join the Asian Infrastructure Investment Bank.
Obama's speech showed that he has no answer to China's ambitions except the uncompromising but underpowered resistance embodied in the Pivot – and we know that isn't working.