China welcomes Taiwan's intent to join AIIB

China Wednesday welcomed Taiwan's decision join Asian Infrastructure Investment Bank (AIIB) under an appropriate name, state news agency Xinhua said today.
China's Taiwan Affairs Office has received a letter of intent to join and has passed it to the AIIB's interim secretariat, Taiwan Affairs Office spokesman Ma Xiaoguang said, according to the report.
"The AIIB is open and inclusive," Ma said. "We welcome Taiwan to participate in the AIIB under an appropriate name." Taiwan is not a member of the United Nations, the World Bank or the International Monetary Fund, but is a member of the Asian Development Bank under the name of Taipei, China.