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AIIB founding members agree on initial capital
Published on 22/05/2015
» SINGAPORE — Chief negotiators from the 57 prospective founding members of the China-led Asian Infrastructure Investment Bank (AIIB) agreed on Friday that the bank's initial capital will be US$100 billion (3.34 trillion baht), according to participants of negotiations held in Singapore.
Japan unveils $110bn plan to fund Asia infrastructure
Published on 21/05/2015
» TOKYO — Japan unveiled a plan on Thursday to provide US$110 billion (3.67 trillion baht) in aid for Asian infrastructure projects, as China prepares to launch a new institutional lender that is seen as encroaching on the regional financial clout of Tokyo and its ally Washington.
US questions Japan on AIIB stance
Published on 10/04/2015
» TOKYO — The United States has questioned Japan about its possible participation in a Chinese initiative to set up a regional development bank from which both allies have stood aloof, sources familiar with bilateral relations said Friday.