With the AIIB the world gets a new banker, and a chance to shape China’s view
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Beijing was in full party mode this week as delegates from 50 countries gathered to sign the articles of incorporation for the Asian Infrastructure Investment Bank (AIIB). Seven more countries are due to sign by the end of the year when the bank is expected to formally open its door for business.
This marks yet another milestone in the establishment of a China-led development lender that, according to its charter, aims to finance investments in infrastructure and other “productive” activities in Asia.
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The Conversation
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© The Author(s) 2015. This is an Open Access article distributed under the terms of the Creative Commons Attribution-NoDerivs 4.0 International (CC BY-ND 4.0) License, which permits unrestricted distribution and reproduction in any medium, providing that the work is properly cited. You may not alter, transform, or build upon this work
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Government and politics of Asia and the Pacific
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Feng, H, With the AIIB the world gets a new banker, and a chance to shape China’s view, The Conversation, 2015, pp. 1-2