Main Goal
Provide access to funds to carry out infrastructural projects across:
• Transportation
• Energy
• Agriculture
• Telecommunications
• Urban development
Reason for AIIB
China is likely to have the most voting power in AIIB
•The Asian Development Bank (ADB) estimates that Asia will need US $8 trillion over the next decade.
•Private investment in infrastructure, according to ADB, hovers at US $13 Billion a year, official development assistance adds another US $11 Billion.
•Short fall exceeds US $700 billion a year.
•Asia has a massive infrastructure funding gap. Click for more info
•AIIB and China’s vision for transnational infrastructure projects, like the Maritime Silk Road, Silk Road Economic Belt and Pakistan-China Economic Corridor.
•Platform for RMB internationalization like IMF and World bank were for USD internationalization.
Click for more info
•Initial subscribed capital to be US$ 50 BLN. Eventually to be US$100 BLN
The One Belt and One Road initiative.
Which sectors and counters on the Shanghai-Hong Kong stock connect will benefits the most?
亚洲基础设施投资银行和一路一带对中国股市有何影响?A股H股的溢价又如何？
Source: PSPL & Bloomberg
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