S. Korea becomes founding member of China-led infra bank
April 12, 2015
South Korea has been accepted as a founding member of the China-led Asian Infrastructure Investment Bank, China's finance ministry said Saturday. The approval was made by existing members, including China, Britain and France, the Chinese ministry said in a statement posted on its website. Austria and Spain were also accepted as founding members of the AIIB on Saturday, according to the statement, bringing the number of founding members to 41 nations. On March 27, South Korea applied to