Asian Infrastructure Investment Bank

AIIB serves China's interests: Ex-executive

The Asian Infrastructure Investment Bank "serves China's interest" and Beijing wields "undue" influence over what is supposed to be a multilateral organisation, a former executive told AFP yesterday after resigning.

In the wake of his resignation, Canada's Finance Minister Chrystia Freeland announced Ottawa would "immediately halt all government-led activity at the Bank".

What Europe needs is THINK

Trade wars, Brexit, hybrid warfare, migration, climate change. USA, China, Russia. UN, IMF, AIIB. G7, G20, 16+1 Platform. It’s almost 2019 and the European Union tries to keep the balance while seeking common answers to complex global challenges.

Asian Infrastructure Investment Bank approves $600 mln loan for Azerbaijan-Turkey gas pipeline

The China-backed Asian Infrastructure Investment Bank (AIIB) has approved a $600 million loan to finance a natural gas pipeline from Azerbaijan through Turkey, it said Dec. 21, taking its total loans in its inaugural year to $1.73 billion.

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