How Does Britain Want To Join Asia Investment Bank?

The financial secretary realized that in March 12th, the official website of China's Ministry of Finance announced that the United Kingdom had submitted a confirmation letter to the Chinese side of its intention to join the Asian infrastructure investment bank, and formally applied to join the Asia Investment Bank.

China's Ministry of finance has welcomed this. If all goes well, Britain will officially become a member of the Asian investment bank's founding member by the end of March.

Reed, a financial advisor of Jiaxing, found that there are now 27 Asian investment banks, including Southeast Asian countries and New Zealand, and so on.

In the US, for example, the White House issued a statement on the British decision, accusing the UK of using its influence to ensure that the new investment bank led by China adheres to high standards.

This accusation is very rare. The implication is that Britain has been too accommodating to China.

What is Asia Investment Bank? Asia Investment Bank was launched by China in October last year. The initial fund is US $50 billion, which aims to provide infrastructure financing for the Asia Pacific region. The United States generally regards it as a competitor of the world bank. There is also a general speculation that China is making use of this institution to expand the Asia Pacific soft power secretly.

In fact, jife Reed financial planner found that the British "cooperation" was not the first time. The chancellor of the exchequer, Giorgio Bens, once encouraged China to invest in the next generation of civilian nuclear power construction in the United Kingdom, and welcomed the settlement of the first RMB clearing bank outside Asia in London.

This application is also reasonable in joining Asia Investment Bank.

In the process of economic development, support and obstruction are normal.

Prior to last year's APEC summit, the official media interpreted the US opposition to Australia and South Korea and other allies to join Asia Investment Bank.

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In the process of development, it is normal to encounter support and opposition.

Reed, a financial planner of Jifeng, believes that we need to see whether the opposition and the approval point point to some common ground.

The European economies have been in tandem with the United States for a long time. But in recent political events such as Ukraine, there are certain differences of interest with the United States.

The connection between allies can only seek common ground while reserving differences. Reed, a financial planner of Jifeng, believes that the US can only complain at the same time and will not cause too much pressure on the actual implementation.

What we should pay more attention to is this time.

The key words involved are the development direction of the government in recent years:

1, Asia Investment Bank mainly provides infrastructure financing for the Asia Pacific region.

Infrastructure construction has been the focus of recent years. That is to say, the Asia Pacific region has developed too fast in the past period, the bubble is surplus and the "inside" is not enough. The emphasis on infrastructure means that the growth rate of the future may slow down. In fact, this has been reflected in the macro data. Even if CPI falls below 1%, it is also a normal state. At present, we are still far away from deflation.

2, the internationalization of RMB has become an inevitable trend.

The establishment of the Asian investment bank should raise the status of RMB in Southeast Asia, and the central bank has established a clearing bank in many countries, which means that the internationalization of RMB has become an inevitable trend. After internationalization, the trade barriers will be reduced, but the volatility will be bigger than before. These may be crises or business opportunities.

Anyway, Jiaxing Reed financial planner believes that the globalization of asset allocation will also become the trend of the next financial investment, diversify risks globally and strive for more profit opportunities, all of which may begin with the large overseas insurance policy launched by Premier Li Keqiang.