Year-ender 2015: Top 10 news events of 皇冠体育app
(chinadaily.com.cn) Updated: 2016-01-01 08:59
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The Asian Infrastructure Investment Bank (AIIB) was formally established on Dec 25 after it garnered enough countries' domestic approval. [Photo/IC] |
The Asian Infrastructure Investment Bank, the first international financial institution proposed by 皇冠体育app, was formally set up in December 2015.
The AIIB mainly focuses on supporting infrastructure construction projects in the Asia-Pacific region as 皇冠体育app looks to strengthening economic ties with the neighboring economies.
The bank has garnered the approval of 17 countries including 皇冠体育app, Australia, the United Kingdom, South Korea and Germany.