The Asian Infrastructure Investment Bank is proving to be an international relations milestone. It is also helping rewrite the mechanism of change in the world order.

The form and reform of the modern world order have not been able to remove the Thucydides Trap: hegemonic powers suppressing opponents and the opponents challenging the dominant status of the hegemonic powers, eventually leading to war. And the wars have resulted in the collapse and recombination of the then existing world order. The Westphalian, Vienna and United Nations systems, as well as the US hegemony, all have been formed by typical mutations of systems that resulted in a new combination after the destruction of the then prevailing orders, which ultimately led to the so-called world order that exists today following the West-centric recombination.

It is the mechanism of this world order that the AIIB is helping rewrite.