the Asian infrastructure investment bank (AIIB) is an intergovernmental multilateral development institution in the Asian region, which focuses on supporting infrastructure construction and is headquartered in Beijing. [1] The legal capital of the AIIB is USD 1 billion.

first, it is of great significance to promote the economic development of Asian countries and regional economic integration [7]. The establishment of the Asian Infrastructure Investment Bank, through the cooperation between the public sector and the private sector, effectively filled the funding gap of infrastructure construction in Asia and promoted the construction of regional economic integration in Asia.

second, it is conducive to expanding global investment demand and supporting world economic recovery [7].

third, it is conducive to promoting economic growth in Asia, promoting private economic development and improving employment through infrastructure projects [7].

fourth, by providing a platform to direct the deposits of countries with high savings rates in the region to infrastructure construction, we can realize the effective allocation of capital in the region and ultimately promote the rapid development of financial markets in Asia [7].

The good news of the AIIB makes people see the steady steps of the "Belt and Road" strategy, which is the world's recognition of China's diplomacy [68]. China society will gain confidence from the constant change of the situation for the better, and also accumulate experience on how to play the role of China in a complex international environment [68].

the aiib is not only conducive to infrastructure construction and economic development in Asia, but also embodies a kind of overall thinking, which makes emerging market countries no longer constrained, and also raises China's position in the world economic stage to a new level, which promotes China's industrial upgrading and promotes the reform, development and internationalization of China's financial services industry, which is a new starting point [7].

Four Benefits

The emergence of the AIIB can promote infrastructure investment and economic growth in Asia [85]. The AIIB is not only a "bridge-building" and "road-building" institution, but also plays a greater role in the reform of the investment and financing system [85]. The AIIB will help Asia and the global economy continue to grow and enhance the stability of the global economy [85].

China advocates the establishment of the Asian Infrastructure Investment Bank (AIIB), which will not only promote the further reform of the International Monetary Fund (IMF) and the World Bank (WB), but also supplement the current investment and financing and international assistance functions of the Asian Development Bank (ADB) in the Asia-Pacific region. [86]

The establishment of the Asian Infrastructure Investment Bank (AIIB) will make up for the huge gap in infrastructure investment in Asian developing countries, reduce the capital outflow in Asia, and invest in "vitality and growth" in Asia.

The Asian Infrastructure Investment Bank (AIIB) is another measure that China tries to dominate the international financial system after proposing the establishment of the BRICS Development Bank (NDB) and the SCO Development Bank. This also reflects China's attempt to exert the power of capital in international finance in its diplomatic strategy. What is more worth looking forward to is that the Asian Infrastructure Investment Bank will probably become the institutional guarantee for RMB internationalization, which will facilitate RMB "going out to sea".

as of April 12th, 215, the "friend circle" of Asian infrastructure investment bank promoted by China has reached 57

founding members of the AIIB (52 countries+Taiwan Province Province)

countries and regions (and Taiwan Province region).

Although it is called "AIIB", its founding members are all over Asia, Europe, Africa, South America and Oceania. This initiative of China has gained global recognition and set off an "AIIB fever".

throughout the birth of the aiib, the diplomatic expressions of "dark war", "confrontation" and "confrontation" between China and the United States frequently appear in major media. Influenced by domestic and foreign factors, the decision-making process of joining the AIIB is different.

the successful implementation of the aiib initiative has become a landmark event, and the final result also shows that all parties agree with the win-win concept of China cooperation.