The US$40 billion Silk Road Fund was weighing a branch office in Hong Kong, its chairwoman said on Wednesday.
"London's RMB trading business is helping build stronger trade and business partnerships between the UK and China, which helps create jobs and growth in both countries, " said Michael Bloomberg, Founder of Bloomberg L.P.
Jin Liqun, the newly elected first president of the Asia Infrastructure Investment Bank (AIIB), said China as the biggest shareholder is obliged to provide full support for the institution and set to win the trust and confidence of other shareholders.
China has no intention of exercising its veto power over the newly established 57-member Asian Infrastructure Investment Bank, according to the lender's president.
The AIIB's door has been opened and the door will stay open, said Jin Liqun, president of the Asian Infrastructure Investment Bank (AIIB), at a press conference on Sunday.
The official launch of the China-proposed Asian Infrastructure Investment Bank (AIIB) put the new multilateral financial institution in the spotlight. But, as William Shakespeare cautioned, all that glistens is not gold. The nascent AIIB still has much to do to prove itself.
Six decades ago, a huge paramilitary corps that now administers eight cities with a combined population of 2.7 million did not even exist on maps.
A young Chinese politician, with sights set on a place in Scotland's Parliament, has resigned from the Scottish Nationalist Party after being subjected to racism by party members.
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