This book is a study of China's increasing influence over the US hegemonic architecture of international financial institutions. It will be a valuable read for academics and scholars studying international financial institutions and US-China relations, and for policy-makers concerned with the inner workings of the World Bank and China's influence over international aid.

This book provides essential background on China's bid for increasing influence over the US hegemonic architecture of international financial institutions.

'This is essential reading for international economists, aid professionals and others interested in how multilateral institutions function. Dr. Xu's analysis of what happened in the World Bank can be applied to other institutions in an imperfect, insufficiently adaptable, global system. It explains why China found it necessary to create new institutions to complement its working within the framework of existing ones.' Percy Mistry, Chairman, Oxford International Associates Ltd