vested more than $50 billion and helped establish the Asian Infrastructure Investment Bank — anew multilateral institution designed to finan

rasia, Africa and beyond. China signed up most of the developed world in the first large-scale non-Bretton Woods multilateral development bank called the Asian Infrastructure Investment Bank (AIIB), capitalised it and launched it so that it now has a balance sheet already approaching the size of the Asian Development Bank. China has also

614472 In answering a question on the most notable achievement of the initiative over the past three years, he believes it is the establishment of the Asian Infrastructure Investment Bank (AIIB). He said the bank "will bring world's best practices" and "meet the highest standards of project analysis, regulatory conformance and anti-c