The European Bank for Reconstruction and Development has approved China's participation as a shareholder

Almaty. December 15. Silkroadnews - The European Bank for Reconstruction and Development (EBRD) has approved a request of the Chinese authorities to accept China as a shareholder of the bank, informed the agency TASS
"China's membership in the EBRD will open a significant additional potential for long-term investment by Chinese groups in the regions where it operates", - said the bank's president Suma Chakrabarti.
The head of the People's Bank of China Governor Zhou Xiaochuan, in a letter addressed to shareholders of the Bank, said that China is ready to "make a significant contribution to the bank, which works with the countries with economies in transition, as well as to share their experiences".
The press service of the bank also noted that "the Bank is ready to cooperate with the Asian Bank of Infrastructure Investments, including work on joint projects".