AIIB - updates

Rappler's latest stories on AIIB

ARTICLE FINDER

ADB president: We're not rivals with China's AIIB

May 04, 2017 - 3:48 PM

Asian Development Bank s Takehiko Nakao says the financing need to develop infrastructure in Asia is so huge that the two banks must cooperate

Pacquiao files resolution blocking Drilon, contradicts own votes

Mar 18, 2017 - 8:25 AM

Senator Manny Pacquiao files a resolution seeking to block the need for Senate concurrence in treaty withdrawals even after he himself signed 2 measures requiring it

The Senate committe on human rights and justice joint with the committe on public order and dangerous drugs resumes its public inquiry on the extrajucial killings perpetrated by the Davao Death Squad on October 3, 2016.

AIIB agrees to co-fund EDSA BRT, Metro Manila flood project

Dec 19, 2016 - 6:45 PM

We are all very eager to finalize the infrastructure projects in your country says Asian Infrastructure Investment Bank President Jin Liqun

UNPRECEDENTED INFRA BUILDUP. This picture shows a general view of traffic as Manila's financial district is seen in the background. Photo by Noel Celis/AFP

Metro Manila flood control, bus rapid transit projects eyed for AIIB financing

Dec 12, 2016 - 2:07 PM

The Philippines is looking at 300 million to 500 million for the initial year as financial window that it can tap from the China backed Asian Infrastructure Investment Bank

BRT SYSTEM. This is the Guangzhou BRT system, one of the most efficient systems in the world. Photo by Cai Ordinario/Rappler.

Philippine Senate ratifies treaty to join China-led AIIB

Dec 06, 2016 - 3:57 PM

This paves the way for the Philippines to formally join the new development bank

ESTABLISHING. Chinese Finance Minister Lou Jiwei (L) gives a speech with the guests of the signing ceremony of the Asian Infrastructure Investment Bank in the Great Hall of the People in Beijing, China, 24 October 2014. File Photo EPA/Takaki Yajima / POOL

PH one step closer to membership in China-led AIIB

Nov 30, 2016 - 5:42 PM

The Senate adopts on second reading Senate Resolution 241 that concurs in the ratification of Philippine membership in the Asian Infrastructure Investment Bank

ESTABLISHING. Chinese Finance Minister Lou Jiwei (L) gives a speech with the guests of the signing ceremony of the Asian Infrastructure Investment Bank in the Great Hall of the People in Beijing, China, 24 October 2014. File Photo EPA/Takaki Yajima / POOL

DOF looks to formalize PH's AIIB membership this year

Oct 03, 2016 - 7:30 PM

In its proposed P21 3 billion budget for 2017 the DOF sets aside funds for joining the AIIB and for having attachés to China and Japan to monitor trade

Canada to apply to join China-backed Asian Infrastructure Investment Bank

Aug 31, 2016 - 2:55 PM

UPDATED AIIB president Jin Liqun welcomes Canada s decision which he said shows its confidence in the strong foundations the bank has built in our first few months

In this file photo, Jin Liqun (C), the first president of the Asian Infrastructure Investment Bank (AIIB), speaks to journalists during a press conference in Beijing on January 17, 2016. Fred Dufour/AFP

Philippines and China: Rivals at sea, allies in trade?

Jan 09, 2016 - 2:36 PM

Dindo Manhit of the Albert del Rosario Institute tells Rappler: This opportunity of joining the AIIB tells China and the whole world that the Philippines is open to be friends with China

COMPLEX TIES. Chinese President Xi Jinping (L) aims to build China's financial clout while expanding its control of the South China Sea. Philippine President Benigno Aquino (R) seeks to balance trade and security ties with Beijing. File AFP photo

PH to join China-led bank amid sea dispute

Dec 30, 2015 - 1:57 PM

UPDATED Joining the China led AIIB eventually means more jobs and better businesses Finance Secretary Cesar Purisima says

ESTABLISHING. Chinese Finance Minister Lou Jiwei (L) gives a speech with the guests of the signing ceremony of the Asian Infrastructure Investment Bank in the Great Hall of the People in Beijing, China, 24 October 2014. File Photo EPA/Takaki Yajima / POOL

AIIB formally established – Chinese gov't

Dec 25, 2015 - 8:37 PM

The Asian Infrastructure Investment Bank will be operational once its board of directors and executive council meet for the first time

Image from AIIB website

Ex-Chinese finance ministry official named to lead AIIB

Aug 25, 2015 - 2:42 PM

Former Chinese vice finance minister Jin Liqun is elected to head the new Asian Infrastructure Investment Bank AIIB

International arbitration, China's AIIB, and Philippine security

Jul 23, 2015 - 12:43 PM

The Philippines in fact is giving China a big favor when Manila decides to defer its accession to the AIIB

Privileges, costs of membership in that other Asian development bank

Jul 16, 2015 - 1:30 PM

The decision to join the AIIB must go beyond factoring in the costs of capital committed or the privilege of loans the country might hope to receive in return

China: Asia’s new economic hegemon?

Jul 05, 2015 - 12:30 PM

The trick is how to benefit from China’s growing financial prowess without sacrificing our territorial interests as countries like Vietnam and Malaysia have been doing for decades

Why PH is not yet joining the China-led infra bank

Jun 29, 2015 - 5:46 PM

The deadline to join is December 2015

TOKYO, Japan - President Benigno S. Aquino III expresses his views during the open forum for the Press Event with the Japan National Press Club (JNPC) at the Conference Hall of the Nippon Press Center Building on Friday (June 05, 2015) during his State Visit in Japan. Photo by Robert Viñas/Malacañang Photo Bureau

57 countries hold signing ceremony to set up China-led bank

Jun 29, 2015 - 10:49 AM

The AIIB which will have billions of dollars to lend is expected to go into operation later this year

AIIB. Image from AIIB website

Australia latest US ally to join China-backed infrastructure bank

Jun 24, 2015 - 2:52 PM

Australia will contribute Aus 930 million US 719 million as paid in capital over 5 years

Aquino: PH still mulling AIIB invitation

Jun 03, 2015 - 8:24 PM

President Benigno Aquino III says the country s bad experience with the Northrail project and its territorial dispute with China have made him think twice about joining the China led Asian Infrastructure Investment Bank

(TOKYO, Japan) President Benigno S. Aquino III delivers his keynote speech during the Nikkei 21st International Conference on the Future of Asia – Special Session at the Ascot Hall of the Okura Hotel for his State Visit in Japan on Wednesday (June 03, 2015). With theme: “Asia Beyond 2015: The Quest for Lasting Peace and Prosperity.” (Photo by: Ryan Lim / Malacañang Photo Bureau)

China-backed infrastructure bank operational by end-2015: statement

May 22, 2015 - 4:19 PM

The conclusion of the meeting comes a day after Japan s Prime Minister Shinzo Abe announced an apparent counter move of 110 billion investment plan for infrastructure projects in Asia

Japan PM unveils $110B plan for Asian infrastructure

May 22, 2015 - 11:19 AM

The sum is slightly higher than the expected 100 billion capital of the Asian Infrastructure Investment Bank that Beijing and more than 50 founding member states are establishing

Japan to earmark $100B for Asian infrastructure: report

May 19, 2015 - 4:59 PM

The sum is in line with the expected 100 billion capital of the Asian Infrastructure Investment Bank that Beijing and more than 50 founding member states are establishing

The Asian Infrastructure Investment Bank: Considerations for the Philippines

May 17, 2015 - 8:30 PM

[CIRSS Commentaries] Developing member countries of the AIIB such as the Philippines will have to adhere and implement transparency efficiency and accountability in the utilization of loans and investments it receives

In this file photo, Chinese Finance Minister Lou Jiwei (L) gives a speech with the guests of the signing ceremony of the Asian Infrastructure Investment Bank in the Great Hall of the People in Beijing, China, 24 October 2014. EPA/Takaki Yajima / POOL

Dukung AIIB, Jokowi mendayung di antara dua karang

Apr 22, 2015 - 7:17 PM

Jokowi berpendapat bahwa kehadiran Bank Dunia IMF dan ADB tidak cukup dan diperlukan alternatif baru Apakah ini indikasi bahwa Indonesia dukung lahirnya AIIB?

Mata uang berbagai negara Asia di bawah sebuah kalkulator (foto: David Chang/EPA)

57 countries approved as founding members of new China-led bank

Apr 15, 2015 - 1:58 PM

No nation that formally sought to become founding members of the Asian Infrastructure Investment Bank AIIB are known to have been refused – although Taiwan had its application rejected

In this file photo, Chinese Finance Minister Lou Jiwei (L) gives a speech with the guests of the signing ceremony of the Asian Infrastructure Investment Bank in the Great Hall of the People in Beijing, China, 24 October 2014. EPA/Takaki Yajima / POOL

Taiwan rejected as founding member of AIIB – Beijing

Apr 13, 2015 - 3:34 PM

China official: We are willing to continue to listen to the opinions of various parties to appropriately handle the issue of Taiwan s participation in the AIIB

Cars pass the Central Bank of the Republic of China (Taiwan) in Taipei, Taiwan, 31 March 2015. David Chang/EPA

Hard money, soft standards? Tough questions for China's new bank

Apr 01, 2015 - 1:14 PM

China is basking in the enthusiastic acceptances of its invitations despite US opposition but the victory could end up a case of ‘be careful of what you wish for ’ analyst says

US ready to accept China-led infrastructure bank

Apr 01, 2015 - 11:05 AM

US Treasury Secretary Jacob Lew says that Washington is ‘ready to welcome’ Asian Infrastructure Investment Bank provided it ‘complements’ existing institutions like IMF and the World Bank

Australia moves towards joining China-led bank

Mar 29, 2015 - 8:36 AM

China and 20 other countries sign in October 2014 a memorandum of understanding to establish the Beijing headquartered US 50 billion Asian Infrastructure Investment Bank AIIB bank

In this file photo, Chinese Finance Minister Lou Jiwei (L) gives a speech with the guests of the signing ceremony of the Asian Infrastructure Investment Bank in the Great Hall of the People in Beijing, China, 24 October 2014. EPA/Takaki Yajima / POOL

Russia to join China-led development bank – official

Mar 29, 2015 - 12:45 AM

The Beijing backed AIIB unveiled in October is a multinational lender that the United States perceives as a threat to the Washington led World Bank

FOUNDING. Chinese President Xi Jinping, center, takes photos with guests of the Asian Infrastructure Investment Bank at the Great Hall of the People in Beijing in 2014. Photo by Takaki Yajima/AFP

US caught off guard by success of new China-led bank

Mar 26, 2015 - 3:18 PM

The success of the new China led development bank catches the United States off guard after it fought the project and now finds itself increasingly isolated

In this file photo, Chinese Finance Minister Lou Jiwei (L) gives a speech with the guests of the signing ceremony of the Asian Infrastructure Investment Bank in the Great Hall of the People in Beijing, China, 24 October 2014. EPA/Takaki Yajima / POOL

China blames politics for Indonesia development bank delay

Nov 27, 2014 - 5:52 PM

Indonesia Japan and South Korea were absent when China and 20 other countries agreed in Beijing last month to found the Asian Infrastructure Investment Bank AIIB expected to have an initial capital of 50 billion

Chinese President Xi Jinping, center, takes photos with guests of the Asian Infrastructure Investment Bank at the Great Hall of the People in Beijing on October 24, 2014. Photo by Takaki Yajima/AFP

Kunjungan luar negeri pertama Jokowi minus dansa-dansi

Nov 07, 2014 - 6:27 PM

Jokowi akan melawat ke Tiongkok mencoba menjalin hubungan dan mengevaluasi rencana bergabung dengan Asian Infrastructure Investment Bank AIIB

President Joko ‘Jokowi’ Widodo bertemu dengan Menteri Luar Negeri Tiongkok Wang Yi di Istana Merdeka, Jakarta, pada 4 November 2014. Foto dari laman resmi Facebook Presiden Jokowi