Jin Liqun, former Chinese vice finance minister, was appointed as the first president of the Asian Infrastructure Investment Bank (AIIB) on Monday, which analysts said could set the stage for the launch of specific projects soon.
China has formally nominated Jin Liqun, former vice finance minister, as the candidate for the post of president of the Asian Infrastructure Investment Bank (AIIB), the Ministry of Finance (MOF) announced on Monday.
China has formally nominated Jin Liqun, former vice finance minister of China, as the Chinese candidate for president of the Asian Infrastructure Investment Bank, the country's Ministry of Finance announced on Monday.
China’s role as the largest shareholder with significant voting rights in the Asian Infrastructure Investment Bank (AIIB) will make the country shoulder more responsibility in turning the bank into a high-quality financial institution to complement existing multilateral development banks, experts said Monday.
The Asian Infrastructure Investment Bank (AIIB) will become an important forum to bridge an infrastructure financing gap in Asia to help regional economies achieve stable and sustainable growth, Pakistan Finance Minister Ishaq Dar said on Monday after he signed the Articles of Agreement (AoA) of the AIIB on behalf of Pakistan in Beijing.