China finance minister: confident AIIB can start functioning before year end

Sun Jun 28, 2015 9:26pm EDT
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BEIJING (Reuters) - China's Finance Minister Lou Jiwei said on Monday he was confident the Asian Infrastructure Investment Bank (AIIB) could start functioning before the end of the year.

Lou was speaking at a ceremony in Beijing at which delegates from 57 countries will sign articles of agreement on the founding of the China-backed AIIB.

(Reporting by Koh Gui Qing; Writing by John Ruwitch; Editing by Shri Navaratnam)

China's Finance Minister Lou Jiwei listens to a question at China Development Forum, in Beijing March 22, 2015. REUTERS/Jason Lee