Min Hyung Kang is a former intern for Korea Studies at the Council on Foreign Relations.
South Korea’s decision to join the Asian Infrastructure Investment Bank (AIIB) as a founding member reminded observers of Korea’s place as a middle power caught between great powers. Korea’s interest in joining the AIIB is indicative of improving Korea-China relations, one of the determinants for security of the Korean peninsula. However, to the United States, South Korea’s strongest ally, Korea’s involvement in the AIIB may not be very pleasing especially when the AIIB seems like a mechanism designed to oppose U.S. influence in Asia. It seems that Korea is at a critical moment that may either extensively benefit or severely undermine its national interest. Read more »