The AIIB — what is it?
The Asia Infrastructure Investment Bank is one of four institutions created or proposed by Beijing in what some see as an attempt to create a Sino-centric financial system to rival western dominated institutions set up after the second world war. The other institutions are the New Development Bank (better known as the Brics bank) and a contingent reserve arrangement, seen as alternatives to the World Bank and the International Monetary Fund; and a proposed Development Bank of the Shanghai Co-operation Organisation, a six-country Eurasian political, economic and military grouping dominated by China and Russia.
What is it for?
您已阅读33%（653字），剩余67%（1311字）包含更多重要信息，订阅以继续探索完整内容，并享受更多专属服务。