CIIC:Today's featured article/January 18, 2016

From Wiki China org cn
Representatives of prospective founders of the Asian Infrastructure Investment Bank (AIIB) prepare to attend the signing ceremony of the articles of agreement of AIIB in Beijing, capital of China, June 29, 2015.

The Asian Infrastructure Investment Bank (AIIB 亚洲基础设施投资银行) is an international financial institution proposed by China. Aiming to support infrastructure projects in Asia, the AIIB is open to all economies. The bank had 57 prospective founding members in total, with the rest of the seven countries waiting for domestic approval. The March 31, 2015 is the deadline for countries to apply to become AIIB founding members. After that, countries and regions will still be able to join, but only as common members. (More...)