30 countries approved to join AIIB as founding members: China
China on Tuesday said 30 countries, including India, have been appointed as prospective founding members of the Asian Infrastructure Investment Bank (AIIB) even as it indicated that arch-rival Taiwan's surprise bid to join the Beijing-based institution may not be approved.
Mar 31, 2015, 20:34 PM IST
Japan denies plan to join China-led development bank
Japan on Tuesday ruled out any immediate plan to join the Beijing-backed Asian Infrastructure Investment Bank (AIIB), categorically denying a news report that its ambassador to China said Tokyo is likely to take part.
Mar 31, 2015, 11:21 AM IST
Beijing says Denmark applies to join China-backed AIIB investment bank
The Ministry of Finance said that Denmark has written to China to "announce its intention to apply to be a founding member" of the AIIB.
Mar 29, 2015, 12:56 PM IST
More countries say to join China-backed AIIB investment bank
Russia, Australia and the Netherlands on Saturday became the latest three countries to say they plan to join the China-led Asian Infrastructure Investment Bank (AIIB), adding clout to an institution seen as enhancing China`s regional and global influence.
Mar 28, 2015, 21:19 PM IST
Australia, Russia sign up for China-led AIIB
Australia and Russia on Saturday announced their decision to join the China-funded Asian Infrastructure Investment Bank (AIIB), joining the last-minute rush to sign up to the USD 50 billion bank before the March 31 deadline amid speculation that the US too may apply.
Mar 28, 2015, 18:48 PM IST
US caught off guard by success of new China-led bank
The success of the new China-led development bank has caught the United States off guard, after it fought the project and now finds itself increasingly isolated.
Mar 26, 2015, 11:39 AM IST
China dismisses reports of seeking veto power in Asian bank
China today dismissed reports that it was seeking or willing to forego its veto power in order to lure more European countries to join the AIIB, saying the new multilateral bank would be a "transparent and efficient" organisation.
Mar 25, 2015, 19:09 PM IST
AIIB will be compatible with established international lenders: China
China has said that the Asian Infrastructure Investment Bank (AIIB) will be compatible with established international lenders like World Bank and it will not be a competitor to them, as it sought to allay concerns by the US and Japan over the new financial institution.
Mar 21, 2015, 14:11 PM IST
France, Germany, Italy sign up for China-led AIIB bank
The three European countries followed suit days after the UK became the first Western nation to join the bank disregarding reservations expressed by the US which raised concerns over its transparency.
Mar 17, 2015, 19:18 PM IST
France, Germany, Italy to join China-led infrastructure bank: Paris
The $50 billion Asian Infrastructure Investment Bank (AIIB) has been feted by Beijing as a way of financing regional development, and is seen as a potential rival to US-based institutions such as the World Bank.
Mar 17, 2015, 18:06 PM IST
UK to join China-backed Asian development bank
Britain said it has sought to become a founding member of the Asian Infrastructure Investment Bank (AIIB), making it the first Western nation to embrace the China-backed institution, but the United States reacted frostily to the development.
Mar 13, 2015, 14:16 PM IST
India, 20 others set up Asian Infrastructure Investment Bank
The MoU specifies that the authorised capital of AIIB is USD 100 billion and the initial subscribed capital is expected to be around USD 50 billion.
Oct 24, 2014, 10:39 AM IST
