08:48 GMT +320 October 2019
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    The logo of Asian Infrastructure Investment Bank (AIIB) is seen at its headquarter building in Beijing January 17, 2016

    US May Become Member of AIIB Bank When Trump Takes Office

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    Donald Trump Elected 45th US President (281)
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    The United States is likely to join the Asian Infrastructure Investment Bank (AIIB) under Donald Trump’s presidency, bank’s president Jin Liqun said on Monday.

    BEIJING (Sputnik) — On November 8, Trump won the US presidential elections, securing more than 270 electoral votes needed for his Democratic rival Hillary Clinton’s defeat.

    “I have heard that a certain senior official of the President Barack Obama speak good of the AIIB and after Donald Trump won, I was told that many in his team have an opinion that Obama was not right not to join the AIIB … So we can’t rule out that the new government in US endorsing the AIIB or indicating interest to join as member,” Jin said as quoted by the People Daily newspaper.

    He added that during the formation of the AIIB, the United States “saw the new body as a threat to its dominance and importance in the world economic order.”

    The bank head stressed that he believes there is enough space in the global economic space for several financial bodies to operate simultaneously successfully.

    The AIIB, an international financial institution proposed by China to invest in infrastructure projects in the Asia-Pacific region, was created in October 2014 and currently has 57 founding members.

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    Donald Trump Elected 45th US President (281)

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    membership, elections, 2016 US Presidential Run, Asian Infrastructure Investment Bank (AIIB), United States
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