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EBRD accepts China as a shareholder

by ChemOrbis Editorial Team -
  • 16/12/2015 (11:01)
According to a statement on the European Bank for Reconstruction and Development’s (EBRD) website, the bank has accepted China as a shareholder, bringing the number of shareholder countries to 65. The bank gave China a symbolic 0.1% stake in the EBRD.

The EBRD believes that China’s membership will open up further opportunities for sustainable investment by Chinese groups in the regions where the EBRD works. The new membership reportedly will also support China’s One Belt and One Road Initiative.

The bank also stated their readiness to jointly work with the Asian Infrastructure Investment Bank.
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