Asian infrastructure investment bank (Asian Infrastructure Investment Bank ,referred to as Asia Investment Bank,AIIB) is a intergovernmental nature of the Asian regional multilateral development agencies, focusing on supporting infrastructure, headquartered in Beijing. Asian investment bank statutory capital of $100000000000.
On October 2, 2013, President Xi Jinping proposed initiatives to build, on 24 October 2014., including China, India, Singapore and other 21 first intention founding members of the country's finance minister and authorized representative in Beijing signed jointly decided Asian infrastructure investment bank is established. In March 12, 2015, the United Kingdom formally applied to join the Asian investment bank, became the first application to join the main western investment bank.
By the end of March 30, 2015, France, Germany, Italy, Luxembourg, Switzerland, Turkey, South Korea, Austria, Brazil, Russia, the Netherlands, Georgia, Denmark, Australia, Egypt has already agreed to join the Asian infrastructure investment bank, which will enable the sub investment bank to expand around to 44 Members of the UN, which covers the major western countries except the United States and Japan.