Want China Times, Xinhua 2015-04-01
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| Madeleine Albright addresses the Senate Armed Forces Committee on Jan. 29, 2015. (File photo/Xinhua) |
The United
State has "screwed up" on its way to deal with the China-proposed
Asian Infrastructure Investment Bank (AIIB), former US secretary of state
Madeleine Albright said on Tuesday.
One of the
motives for China to initiate the AIIB was that the US Congress held up the
voting share reform in the International Monetary Fund, the World Bank and other
international institutions, Albright said at an event held by the
Washington-based think tank the Center for Strategic and International Studies
(CSIS).
As China
and other countries have been questioning Washington's excessive dominance in
international institutions, the US executive branch has proposed to Congress to
try to adjust some of the voting share in the World Bank and IMF, in some way
to ensure more equitable voting shares, but Congress has delayed to ratify such
a reform. "I think there has been certain amount of frustration (from
China and other countries) about that," Albright said.
According
to the former secretary of state, the AIIB should not be seen as some kind of
Chinese power grab, but an opportunity for the US to be able to put forward
ideas on transparency and regulatory issues.
The US
Treasury secretary, Jacob Lew, said recently that emerging and developed
economies alike are looking to other alternatives as a means of driving the
global system forward, as the international community waits for Congress to
approve these reforms.
Also on
Tuesday, Lew made it clear that the US stands ready to welcome the AIIB as it
complements existing international financial institutions and upholds high
standards.
The AIIB,
expected to be formally established by the end of 2015, will be an
international financial institution to fund infrastructure projects in Asia.
China confirmed on Tuesday that 30 countries have been approved as prospective
founding members of the bank.
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 |
US
President Barack Obama, left, poses with Chinese President Xi Jinping as
he arrives for the Asia-Pacific Economic
Cooperation leaders meeting at Yanqi
Lake, north
of Beijing on Nov. 11, 2014. (AFP Photo/Greg Baker)
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Xi Jinping,
right, meets President Joko Widodo of Indonesia at the Great
Hall of the
People in Beijing, March 26. (Photo/Xinhua)
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AIIB to have zero tolerance for corruption: official
Xi stresses Marxist approach to deepening reforms
Xi stresses Marxist approach to deepening reforms
"The Timing of the Great Shift" – Mar 21, 2009 (Kryon channelled by Lee Carroll) - (Text version)
These leaders are going to fall over. You'll have a slow developing leadership coming to you all over the earth where there is a new energy of caring about the public. "That's just too much to ask for in politics, Kryon." Watch for it. That's just the beginning of this last phase. So many things are coming. The next one is related to this, for a country in survival with sickness cannot sustain a leadership of high consciousness. There is just too much opportunity for power and greed. But when a continent is healed, everything changes. .."
“… Here is another one. A change in what Human nature will allow for government. "Careful, Kryon, don't talk about politics. You'll get in trouble." I won't get in trouble. I'm going to tell you to watch for leadership that cares about you. "You mean politics is going to change?" It already has. It's beginning. Watch for it. You're going to see a total phase-out of old energy dictatorships eventually. The potential is that you're going to see that before 2013. They're going to fall over, you know, because the energy of the population will not sustain an old energy leader. Remember where you heard it... in a strange, esoteric meeting with a guy in a chair pretending to channel. [Kryon being factious... Kryon humor] Then when you hear it, you'll know better, won't you? "Maybe there was something really there," you'll say. "Maybe it was real," you'll say. Perhaps you can skip all the drama of the years to come and consider that now? [Kryon humor again]
These leaders are going to fall over. You'll have a slow developing leadership coming to you all over the earth where there is a new energy of caring about the public. "That's just too much to ask for in politics, Kryon." Watch for it. That's just the beginning of this last phase. So many things are coming. The next one is related to this, for a country in survival with sickness cannot sustain a leadership of high consciousness. There is just too much opportunity for power and greed. But when a continent is healed, everything changes. .."
".. Many years ago, the prevailing thought was that nobody should consider China as a viable player on the economic stage. They were backward, filled with a system that would never be westernized, and had no wish to become joined with the rest of the world's economic systems. Look what has happened in only 30 years. Now, look at Africa differently …”
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