January 24, 2018

BRUSSELS -- China does not control or dominate the decision-making of the Asian Infrastructure Investment Bank (AIIB), the bank's president Jin Liqun reiterated here on Monday.

As a Beijing-headquartered multilateral development bank with a mission to improve social and economic outcomes in Asia and beyond, AIIB now counts 84 members -- rising from 57 at its commencement two years ago.

AIIB has been applying high standards of governance based on international best practices to build the institution, Jin said in a speech to an event jointly hosted by think tanks the Bruegel and the Egmont Institute, noting that only 18 months into operation the bank received top ratings from all three international credit rating agencies.

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