Asia's infrastructure investment bank, known as Asian Investment Bank, is of an intergovernmental nature of multilateral development agencies in the Asian region, focusing on supporting infrastructure construction, with its headquarters in Beijing. Asian investment bank authorized capital of 100 billion dollars.
The afternoon of October 2, 2013, China XI Jinping in Jakarta with Indonesia's President Susilo Bambang Yudhoyono said during talks, to promote interconnection development and economic integration process in the region,China proposes setting up Asian infrastructure investment bank, would like to assure the region, including the ASEAN economies funded the construction of infrastructure in developing countries.
On October 24, 2014, including China, India, and Singapore, 22, one of the first Finance Minister and founding member of intention signed authorized representative in Beijing, jointly decided to set up Asia's infrastructure investment bank.
On March 12, 2015, the United Kingdom submitted to the Chinese side as an intention of founding member to join Asia's infrastructure investment bank confirmation letter, formally applied to join the Asian Investment Bank, became the first major Western countries applied to join the Asian investment banking.
Asia's infrastructure investment bank (AIIB) will not only consolidate the infrastructure for dynamic engine of economic growth, will also enhance the utilization efficiency of Asian capital and its contribution to regional development. Investment in infrastructure is the Foundation of economic growth, has great potential in the various types of business investment, strong growth.
"How will Asia's high savings into investment," will be one of the tasks of setting up Asia's infrastructure investment bank.
China advocates to build Asia's infrastructure investment bank, which would continue to promote further reformof the International Monetary Fund and the World Bank, but also to complement the current Asian Development Bank financing with international assistance in the region.
Asian infrastructure investment bank the establishment of Asia's developing nations will make up for the yawning gap in the area of investment in infrastructure and reduce the outflow of funds in the Asian region, investing inAsia's "dynamism and growth."
Asian infrastructure investment banks was proposed to establish a Development Bank, the BRIC countries after the SCO's Development Bank, the another step in China's attempt to dominate the international financial system. This also reflects China's attempts to play in the diplomatic strategy of capital in the international financial forces.More to look forward to is Asia's infrastructure investment will likely be the internationalisation system of protection, Yuan "out to sea".http://heavymc.net/newshow517.html
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