The Asian Infrastructure Investment Bank lent out two billion US dollars in 2016, its first year of operation, and 70 countries are now members. But despite several attempts to persuade the Obama administration, the US hasn't joined.
Now AIIB President Jin Liqun is back in Washington talking to officials from the new Trump administration, as Daniel Ryntjes reports.
Any company can compete for contracts on projects even if the firm is not based in an AIIB member country and the same goes for jobs, according to Jin, who says several Americans have been hired in key positions.
The AIIB already does joint financing projects with the World Bank, and just signed a new memorandum of understanding with it to strengthen cooperation and knowledge sharing.
While many in the US remain cautious about this China-led institution, Jin says he wants to demonstrate over time that the bank will be "lean, clean and green."
