1、 https:/crsreports.congress.gov Updated March 17, 2022Asian Infrastructure Investment BankIn October 2013, at the Asia-Pacific Economic Cooperation Summit in Bali, Indonesia, China proposed creating a new multilateral development bank, the Asian Infrastructure Investment Bank (AIIB). As its name sug
2、gests, the Banks stated purpose is to provide financing for infrastructure needs throughout Asia. The AIIB has also been active in the response to the Coronavirus Disease 2019 (COVID-19) pandemic and is providing up to $20 billion in support to member countries to support their pandemic responses th
3、rough the end of 2023. The AIIBs Crisis Recovery Facility (CRF) was created in April 2020, and is supporting various health sector and economic resilience projects. As of February 2022, 46 CRF projects have been approved, totaling $11.6 billion across 25 member countries. As the first China-led mult
4、ilateral development bank (MDB), the AIIB presents several policy issues, including the Banks governance and operational practices, the U.S. role and possible participation, and the relationship between the AIIB and the existing MDBs. Some observers have also raised concerns about the transparency a
