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China said to propose inclusion of non-Asian states on AIIB board

Published Wed, May 20, 2015 · 09:50 PM

Manila

CHINA is proposing to include non-Asian countries on the board of the Asian Infrastructure Investment Bank (AIIB) in a move interpreted by some nations as giving small shareholders a voice in the institution, the Philippines' finance chief said on Wednesday.

The planned governance mechanism of the China-backed AIIB includes a provision that prevents any country from having more than one seat on the 12-member board of direc…

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International

International

China said to propose inclusion of non-Asian states on AIIB board

International

Sunak says UK to raise defence spending amid global threats

China’s central bank hints it may add treasury bond trades to policy toolkit

US business activity cools in April; inflation measures mixed

India’s inflation at risk from extreme weather, geopolitical issues: central bank

Thailand to replace military-appointed Senate, reduce its powers

Bankers lose hope of London IPO revival for another year

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