China put forward its One Belt and One Road trade strategy and set up the Asian infrastructure investment bank. These two near-simultaneous events underscored China's ambition for a new world status and higher international influence. This literature review aims to discuss the influence of AIIB on One Belt and One Road politically and financially, and simply analyze the positive and negative impacts of the combination. Meanwhile, in the process of analysis, the comparison between AIIB and established multilateral financial institutions is provided to reflect its particularity.

Jerry Chen. China Pakistan Economic Corridor: Financial and Political Impacts of AIIB on China’s Belt & Road Initiative. Academic Journal of Business & Management (2020) Vol. 2, Issue 6: 45-56. https://doi.org/10.25236/AJBM.2020.020607.

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