(Translation) Russia Joins Chinese Bank

The Asian Infrastructure Investment Bank (AIIB) became a central topic on the Boao Forum for Asia. President Xi said that the AIIB’s establishment had was been being personified*. Russia’s Deputy Prime Minister Igor Shuvalov said on the Forum that President Vladmir Putin had decided to apply for AIIA.

President Xi stated that China had to initiate the system for regional financial cooperation proactively, construct a communication and co-operation platform for Asian financial institutions and push forward development for the AIIB, the Asian Development Bank, the World Bank and other multilateral financial institutions to supplement and coordinate. Other aspects of co-operation included strengthening currency stability, investment and financing, and credit rating. In addition, edging forward toward multilateral mechanism construction by Chiang Mai and creating regional financial safety system were of prime co-operation*.

The total number of founding countries has reached 30

China’s Ministry of Finance announced yesterday that the Netherlands, Brazil and Georgia intended to be one of the founding members of the AIIB and submitted a written confirmation. Officially confirmed founding members have risen to 30.* According to the official Weibo of CCTV, Australia’s Financial Minister confirmed that they would apply for the AIIB on the Forum yesterday, saying membership was to be approved? today.

Taiwan’s attitude toward membership has been explicit. Former Vice President Mr. Xiao Wanchang met President Xi before the opening of the Forum. He stated that Taiwan had an intention to do so but that the name for the application is worth bilateral discussion.

The United States and Japan have remained shilly-shally about the membership.

Adopted from: http://orientaldaily.on.cc/cnt/china_world/20150329/00178_005.html

I promised to write an article each day. But I did not come across good topics today, I did a translation from Chinese to English instead.

非常好！

co-operation*我不懂这个句子的意思。你可以用中文解释一下吗？或许你的意思是： prime consideration ?

*Redundant. 上面的句子，你已经写了这个意思 ：）

shilly-shally有点儿奇怪的词 ：） 用中文怎么说？