US companies invited to join AIIB projects

The Asian Infrastructure Investment Bank is welcoming US companies to join its infrastructure projects.

"We encourage American companies to participate in the competitive bidding and export equipment and services to the countries who need them," Jin Liqun, president of the AIIB, said at the recently concluded annual meeting of the Committee of 100 in Silicon Valley.

He said he was frequently asked whether the United States would join the bank, which is entering its third year.