Want China Times
Date: 2015-03-31
By: CNA and Staff Reporter

Taiwan’s deputy finance minister, Wu Tang-chieh, said Monday that he thinks “Chinese Taipei”

Vincent Siew, left, and Xi Jinping shake hands at the Boao Forum in Hainan, March 28. (Photo/CNA)

would be an appropriate designation for Taiwan in the Asian Infrastructure Investment Bank (AIIB), a China-initiated lender that will offer financing for regional infrastructure projects.

“Taiwan joined the Asia-Pacific Economic Cooperation forum (in 1991) under the name of Chinese Taipei. So this (designation) is more appropriate,” Wu said while answering lawmakers’ questions at the Legislature on the AIIB issue.

President Ma Ying-jeou said last week that Taiwan should take part in the AIIB initiative rather than staying on the sidelines. His idea is supported by Cabinet officials, including the governor of the central bank, Perng Fai-nan.     [FULL  STORY]