The AIIB is the Asian Infrastructure Investment Bank. It's an international financial institution proposed by China. Almost all Asian countries have joined and a lot of European countries. Here is the link to the Wikipedia page

My question: How come Japan is not part of the AIIB ? Why are all the countries of North America against it ?

  • $\begingroup$ You can at least spell out what AIIB is. Don' take for granted that all acronyms are immediately and universally recognized. But also, why should any country be "against: or "for" the AIIB"? You should provide such kind of information-argument in your question, otherwise it is unanswerable. $\endgroup$ – Alecos Papadopoulos Apr 19 '15 at 23:31
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    $\begingroup$ The answer relates more to geopolitics than economics. Basically, Japan has a large stake in the Asian Development Bank and isn't interested in extending Chinese influence. $\endgroup$ – Jamzy Oct 7 '15 at 3:08

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