3. The Asian Infrastructure Investment Bank

This chapter presents the ideational pillars shaping China’s legitimation process concerning major initiatives within regional and global governance. It suggests the idea that the origin, the normative content, and the institutional structures of the initiatives and organizations recently established by China at the regional and global level are vigorously influenced with the way the CCP legitimizes its own ideational narratives in global politics. While arguing so, the chapter analyses two major ideational narratives, post-colonial nationalism and neo-Confucianism. The chapter also examines major political frames through which the Xi Jinping administration is building its legitimacy and strategy while reshaping China’s foreign policy: the China Dream, a new type of international relations and a new type of international institutions.