AIIB Ready to Admit New Members but Taiwan May Not Qualify

The newly created Asian Infrastructure and Investment Bank (AIIB) is open to the idea of admitting new members from countries that have not joined it. But it is unlikely to accept Taiwan as a new member. This was evident in remarks made by Jin Liqun, president of the AIIB, which was launched Saturday in Beijing. This is the first major multilateral bank in which the United States and Japan are not members. “AIIB door has been flung open and the door will stay open,” Jin...

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