The potential role of the Asian Infrastructure Investment Bank

The potential role of the Asian Infrastructure Investment Bank

February, 2014
Andrew Elek
China’s president, Xi Jinping, announced the creation of an Asian Infrastructure Investment Bank (AIIB) just before the October 2013 APEC meeting in Bali. If the new bank is managed professionally to finance commercially viable investments in economic infrastructure, it can begin to correct a very significant failure of global financial markets.