The Role of AIIB in Facilitating World Development

摘要

According to the"Memorandum of Understanding on Establishing the Asian Infrastructure Investment Bank(AIIB)",AIIB is a development bank to be based in Beijing with a base capital of$100 billion(around 50%to be funded by China),most of its fund will invest in public infrastructure.AIIB is sure to have great impact around the world in the near future.