People In The Know

The two-day inaugural meeting of the Asian Infrastructure Investment Bank's board of governors has concluded in Beijing, marking the formal opening of the China-initiated lender. Thirty of the 57 prospective founding members, representing over 74 percent of the shares, have ratified the article agreement, thus becoming full members of the AIIB.Those remaining will have completed their membership processes by the end of this year.So how's the AIIB evaluated by analysts? How can the AIIB manage its business while also trying to boost world development? PIK spoke to Dr. Hu Yuwei, Research fellow at the macro research department at Chongyang Institute for Financial Studies, Renmin University of China and Victor Gao, current affairs commentator.