China

China

1. AIIB (Asian Infrastructure Investment Bank)

   • 57 Prospective Founding Members
   • capital of the bank is $100 billion
   • Member state
   • aims to support the building of infrastructure in the Asia-Pacific region

2. NICS (Newly industrialized country)

   • many factories
   • export products worldwide

3. BRICS

   • 5 countries
   • 50% of world populations
   • 22% of world GDP
   • Start from 2009 (8 years)
   • objectives
     • cooperate between the member nations for development
     • provide financial assistance
     • support various projects, infrastructure

4. APEC (Asia-Pacific Economic Cooperation)

   • 21 Countries
   • 41% of world population
   • 56% of world GDP
   • aims to facilitate economic growth and prosperity in the region, with the vision of creating a seamless regional economy.

5. G20

   • 19 Countries plus EU
   • 85% of world GDP
   • 67% of world population
   • Start from 1999 (17 years)
   • objectives
     • Policy coordination between its members in order to achieve global economic stability, sustainable growth
     • Promoting financial regulations that reduce risks and prevent future financial crises
     • Modernizing international financial architecture

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