AIIB: Features & Membership ๐ณ๏ธ
Membership: Open to all World Bank / ADB members.
- Regional Members: Asian countries (China, India, Korea...).
- Non-Regional Members: Europe, Africa, Americas (UK, Germany, Brazil...).
Shareholding Structure ๐ฐ
- Based on GDP.
- China: ~26% (Has Veto power over major decisions).
- India: ~7.6%.
- Russia: ~6%.
Key Features ๐
- Lean & Green: AIIB claims to be "Lean, Clean, and Green".
- Lean: Small staff, efficient.
- Clean: Zero corruption.
- Green: Environment friendly.
- Co-Financing: AIIB often partners with World Bank or ADB on projects. It doesn't always work alone.
- Dollar Lending: Like others, it lends mostly in US Dollars.
China (26%)"The Boss (Veto Power)"
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India (7.6%)"The Partner & Borrower"
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Others (66%)"Europe, Asia, etc."
Quiz Time! ๐ฏ
Test Your Knowledge
Question 1 of 5
1. AIIB's motto is:
๐ก Final Wisdom: "AIIB looks like a multilateral bank, but with 26% share, the Dragon (China) is clearly in the driver's seat." ๐
Next up: AIIB Criticisms - Is it a debt trap? ๐ธ๏ธ
