European giants side with UK in Chinese World Bank row with US

[powastick]

Brazil is in。

Brazil says will join China-backed Asia investment bank| Reuters


Breaking news：

Russia is in。

You're fast, before even RT announce it.

 

[VelocuR]

Canada in after UK ???



Countries rejected

• North Korea- A senior representative from North Korea was immediately rejected for his request for North Korea to join the AIIB by the alliance's inaugural president, Jin Liqun. He described that North Korea had failed to cope and secure a safe, economic image of their country, though China tried to help them. Liqun also added the reason that North Korea's continuing of borrowing money from China was an even further sign that they didn't deserve to be in the alliance

 

[cirr]

You're fast, before even RT announce it.

Russia to apply for China-led infrastructure bank AIIB – Deputy PM

Published time: March 28, 2015 04:34

Reuters / How Hwee Yong

READ MORE: Switzerland, Luxembourg apply for China-led infrastructure bank

The AIIB has been approached by over 25 prospective founding members, with the UK, France, Germany, Italy, Luxembourg, and Switzerland recently applying. The application deadline has been set for March 31.

Other nations will still be able to join the AIIB after the deadline expires, but only as common members, Chinese Finance Minister Lou Jiwei said last week.

China wants to see the AIIB operational before the end of 2015.

Austria was one of the latest countries to look into joining the AIIB, Xinhua news agency reported.

Washington recently shifted its tone towards the AIIB, which is seen as a rival of the US-led World Bank, the International Monetary Fund (IMF), and the Manila-based Asian Development Bank (ADB) which is dominated by Japan and the US.

READ MORE: Washington ‘shifts tone’ towards China-led infrastructure bank

The China-led infrastructure bank is expected to launch with an initial subscribed capital of $50 billion and focus on financing infrastructure projects across Asia – including energy, transport and telecommunications infrastructure, urban and rural development, and the environment.

 

[YoucanYouup]

What? Brazil and Russia are in and yet my country Australia is dragging its feet, wtf?

If Brazil and other Latin American countries join, China should rename the AIIB to WIIB (World IIB) and increase the amount of loan to $200 Billion.

Then, that would be something.

I heard Australia was almost in few days ago, a fake news?

 

[cirr]

What? Brazil and Russia are in and yet my country Australia is dragging its feet, wtf?

If Brazil and other Latin American countries join, China should rename the AIIB to WIIB (World IIB) and increase the amount of loan to $200 Billion.

Then, that would be something.

Australia’s membership is pending。

The latest news is that Taiwan（ROC）has also conveyed its desire to join the AIIB。

Probably not as a founding member of the bank。

 

[YoucanYouup]

Canada in after UK ???



Countries rejected

• North Korea- A senior representative from North Korea was immediately rejected for his request for North Korea to join the AIIB by the alliance's inaugural president, Jin Liqun. He described that North Korea had failed to cope and secure a safe, economic image of their country, though China tried to help them. Liqun also added the reason that North Korea's continuing of borrowing money from China was an even further sign that they didn't deserve to be in the alliance

North Korea is impossible
They don't have money as a ticket, and they betrayed communism, so investing is risky either.

 

[terranMarine]

Brazil is in。

Brazil says will join China-backed Asia investment bank| Reuters


Breaking news：

Russia is in。

Russia too?

 

[YoucanYouup]

Australia’s membership is pending。

The latest news is that Taiwan（ROC）has also conveyed its desire to join the AIIB。

Probably not as a founding member of the bank。

Almost all Asian countries are in, except some superpowers' petdogs
Great victory for Asia!

Russia too?

Russia has in,they announced at Boao Forum

 

[terranMarine]

Asian Infrastructure Investment Bank - Wikipedia, the free encyclopedia

wiki is fast too, 39 members

 

[ChineseTiger1986]

Asian Infrastructure Investment Bank - Wikipedia, the free encyclopedia

wiki is fast too, 39 members

Have you read the comments from some US members in Russia Today? Freaking hilarious!

 

[ahojunk]

When are the African countries joining?

China should rename this to the World Infrastructure Investment Bank, and up the capital to $200 billion.

Australia’s membership is pending。
:

@cirr,
Why is Australia's application pending?
How long is the approval process?
This is making me anxious.

 

[terranMarine]

Have you read the comments from some US members in Russia Today? Freaking hilarious!

no i haven't, must check it out for some entertainment then

 

[VelocuR]

Just wonder why unidentified European country - Luxembourg make UK worried to apply AIIB quickly? Are they hating each other?

 

[ahojunk]

Just wonder why unidentified European country - Luxembourg make UK worried to apply AIIB quickly? Are they hating each other?

No, the UK don't hate Luxembourg.

The UK wants to be the first European country to sign up and with it to curry some favours from China. The AIIB plan to setup a branch office in Europe and only one country can host it. Also, London want to be the city in Europe to host RMB clearing.

China should reward the UK, because they were the one who open up the floodgates. Before that, there were a lot of "wait and see" from other countries.

With money, you can talk.
With more money, you can shout!

 

[terranMarine]

@ChineseTiger1986
toss me the RT link

btw have you read this China-led infrastructure bank - ‘indication of de-dollarization that makes US unhappy’ — RT Op-Edge ?