CHINA TOPIX

12/22/2024 09:10:33 pm

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Asia Infrastructure Investment Bank

China-led AIIB Officialy Established

17 Countries Approve Establishment of China-Led AIIB

A total of 17 countries have stamped their seal of approval on Friday for the official establishment of the Asian Infrastructure Investment Bank (AIIB), a China-led initiative that seeks to further provide infrastructure funding in the Asian region.

Japan Rejects China’s Invitation to Join Asian Bank

Japan has initially rejected the invitation of China to become one of the founding members of the Asia Infrastructure Investment Bank (AIIB), a Beijing-sponsored regional bank that would compete with the Asian Development Bank (ADB).

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