Japan Estimates Potential AIIB Membership Would Cost $3 Billion
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Joining the China-led Asian Infrastructure Investment Bank would cost Japan $3 billion and give it a stake about half the size of its neighbor, according to government estimates in a document obtained by Bloomberg.
Japan’s initial contribution would be $1.5 billion, before doubling when the AIIB raises capital levels, according to the estimate from Tokyo, which is calculated on the size of each member’s gross domestic product. It would be the second-largest stakeholder with 14.7 percent, behind China on 28.5 percent, the document shows.