The world economy is gasping for growth. And China is getting ready to deliver it — with the right institutions and policies, like The Asian Infrastructure Investment Bank (AIIB); by financing infrastructure development projects all over the world; and by joining forces with Russia to create e-commerce platforms.
These initiatives are certainly a big boost to China's large state-controlled enterprises, which will get the lion's share of the projects to be financed by AIIB and other China funds (see table).
A Sample Of China's Checkbook Diplomacy
| Project | Funding |
| AIIB | $ 50billion |
| Silk Road Fund | $ 40billion |
| Funding a development bank together with Russia, Brazil, India, and South Africa | $ 41billion |
And they'll be a big boost for the large enterprises of countries, which have been racing to join China's initiatives.
In the last two weeks, for instance, Germany, France, Italy, the UK, Denmark, Brazil, and South Korea joined China's AIIB initiative.
What about American enterprises? Will they get a piece of the action?
It depends on how Washington handles China's initiatives.
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