Prime Minister Tony Abbott gives green light to $100 billion Asian Infrastructure Investment Bank

By Stephanie Peatling and Philip Wen
Updated March 30 2015 - 10:23am, first published 9:20am
Chinese President Xi Jinping and PM Tony Abbott in Sydney in 2014. Photo: Janie Barrett
Chinese President Xi Jinping and PM Tony Abbott in Sydney in 2014. Photo: Janie Barrett

Prime Minister Tony Abbott has cleared the way for Australia to join the new multibillion-dollar, China-led Asian Infrastructure Investment Bank but says some issues remain before Australia could consider full membership.