Asian Infrastructure Investment Bank (AIIB)

AIIB was established in 2016 and is headquartered in Beijing, China.

  • It has more than 100 member countries, including India, which is one of the largest shareholders.
  • Its objective is to finance infrastructure and sustainable development projects, particularly in Asia.
  • AIIB continues to finance infrastructure projects globally, including energy, transport, and urban sectors.
  • India remains a major recipient of AIIB funding, especially for infrastructure and green projects.
  • The bank is often discussed in the context of China’s growing influence in global financial governance, raising strategic considerations. ....
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