China To Add 30 More Nations To AIIB Tally

``There are more than 30 countries waiting to join the China-led Asian Infrastructure Investment Bank (AIIB), in addition to its 57 founding members, the bank's president said on Friday... The AIIB will extend China's financial reach and compete not only with the World Bank, but also with the Asian Development Bank, which is heavily dominated by Japan. China, however, has repeatedly stressed that the new bank is willing to work with other development lenders.''