Hong Kong, Taiwan seek to join AIIB

Hong Kong and Taiwan have applied to join the Beijing-initiated Asian Infrastructure Investment Bank, although their status in the organization after joining is still pending and could only be decided after the charter of the institution is settled.

The Chinese mainland confirmed on Wednesday that it had received an application from Taiwan and welcomes Taiwan's participation in the AIIB - but under an appropriate name.

Ma Xiaoguang, spokesman for the State Council Taiwan Affairs Office, said the office has received Taiwan's letter of intent to join the AIIB and has transferred the letter to the Multilateral Interim Secretariat for the AIIB.