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Asian Infrastructure Investment Bank (AIIB) is an international financial institution (just like International Monetary Fund (IMF), Asian Development Bank (ADB), World Bank (WB), and others) which is proposed by China. The main objective for AIIB is to funding infrastructure’s project in Asian countries, especially the developing countries, but the target for the member of this institution is for the Asian Pacific region, which includes Australia. AIIB sometimes compared to the ADB, WB, and IMF, some said that China is trying to remove the domination from the developed countries, more specifically, US. China wants to become a lender country, China President Xi Jinping said for the first stage, China will inject $50 Billion to the AIIB as the first capital. That’s a lot of money, Xi Jinping also make a target that the total capital for the AIIB is $100 Billion. Not only in AIIB, China also wants to make an cheap jordans online international financial institution with the other member of BRICS (Brazil, Russian, China, India, South Africa), BRICS is an organization that consist of five emerging market countries. They want to make New Development Bank (NDB) (previously, the name of the bank is BRICS Development Bank), which has the base in Shanghai. The main objective of the NDB is to funding the BRICS’s members and others emerging market countries for infrastructure’s purpose. All of these attempts (NDB and AIIB) are clearly to remove the developed countries influence in the financial sector in the Asian and other emerging market countries. There are some impacts for the developing countries as “customers” for the loanable fund NFL Jerseys Cheap market. First, because of the increasing competition with the arrival of new institutions (but it’s still ongoing, maybe around 2020 these two institutions are ready) the market adjust with NFL Jerseys China lower interest rate, because each of the institution would try to attract more customers. Second, with the competition and the low interest rate, it Baratas Ray Ban would make some countries to borrow more but not followed by ability to pay the debt, so it would lead to crisis in the future to those who can’t pay.