Tracking the impact of U.S.-China tensions on global financial institutions

https://www.npr.org/2023/05/01/ [login to see] /china-asian-infrastructure-investment-bank-us-tensions
How have the rising geopolitical tensions between the United States and China impacted the Chinese-led Asian Infrastructure Investment Bank (AIIB)? Its president, Jin Liqun, says they are having no impact.

"Regardless of the bilateral issues, which seems to be troubling [between] these two big countries, AIIB has maintained very good, close cooperation with American governmental institutions, financial institutions and respective businesses," Jin tells NPR's Steve Inskeep on Morning Edition.

He says the bank has strong relationships with Wall Street companies as well as with the U.S. Treasury Dept.

Contentious issues — from Taiwan, to Chinese spy balloons, to trade — have put both countries on a collision course in recent years. Other financial entities have raised concerns about the growing duopoly between Beijing and Washington.