CHINA-ECONOMY: CHINA-SPONSORED AIIB ISSUES CAREFULLY WORDED SEEMINGLY NEUTRAL STATEMENT

In a carefully worded seemingly neutral statement the China-sponsored Asian Infrastructure Investment Bank (AIIB) issued a statement on March 3. The statement said "As the war in Ukraine unfolds, the Asian Infrastructure Investment Bank (AIIB) extends its thoughts and sympathy to everyone affected. Our hearts go out to all who are suffering. AIIB is a multilateral organization created by an international treaty, and adherence to international law lies at the very core of our institution. AIIB Management believes that multilateralism provides the best framework for countries to cooperate in dealing with common challenges and supporting development. Our Bank is actively monitoring the situation and assessing its impact on AIIB’s operations and our members’ economies".





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