China says Taiwan can participate in AIIB 'under appropriate name'

Beijing

TAIWAN is welcome to participate in the Beijing-led Asian Infrastructure Bank (AIIB) if it does so "under an appropriate name", Chinese state media quoted officials as saying on Wednesday.

Beijing regards Taiwan as part of its territory and opposes international recognition for the island, often curtailing its involvement in global agreements. The two split in 1949 at the end of the Chinese civil war.