In Beijing, with AIIB Vice-President Sir Danny Alexander

In Beijing, with AIIB Vice-President Sir Danny Alexander. The Asian Infrastructure Investment Bank (AIIB) is a multilateral development bank focusing on Asia-Pacific. Headquartered in Beijing, has 97 members worldwide. China's leader Xi Jinping first proposed an Asian infrastructure bank at an APEC summit in Bali in 2013. Many observers consider AIIB a key player in Belt and Road projects and an alternative financial institution to international lending bodies such as International Monetary Fund, World Bank and Asian Development Bank 200-economies.com