aiib model: The number of members has increased from the initial 57 to 97, according to Global Times China. Based on high standards in investment and operations, the bank has received a 3A rating from three of the most authoritative credit rating companies. Moving forward, the successful AIIB model can offer a useful reference to augment the China-proposed Belt and Road Initiative BRI . Since it was established in 2015, the AIIB has surpassed expectations in growth and has several achievements. In only three and a half years, the AIIB has approved nearly 40 projects in 16 countries with an accumulated investment of 8 billion. These investments have made significant contributions to connectivity and development in Asia. To date, India has been the largest beneficiary.
(news.financializer.com). As
reported in the news.
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