Q1: What is the Asian Infrastructure Investment Bank (AIIB)? A1: The AIIB is a multilateral development bank that will finance infrastructure needs in the Asia Pacific region. There are two prominent ...

The Asian Infrastructure Investment Bank (AIIB) is a multilateral development bank that provides financing for infrastructure projects in Asia. Like other development banks, its mission is to ...

The AIIB, as it's called, will be a chance for China to extend its influence by financing big infrastructure and development projects throughout Asia. World Bank President Jim Yong Kim told ...

"This is a historic moment," said Chinese President Xi Jinping, who first proposed a multilateral Asian bank to support infrastructure development projects more than two years ago. Xi said the new ...

Brazil development bank signs deal with AIIB for nearly $3 billion in investments Brazilian development bank BNDES said on Monday that it has signed a deal with the Asian Infrastructure Investment ...