Why does China urge so many countries to join the AIIB? The main reason is that it wants to provide corresponding financial support in the construction of the Belt and Road. In addition to AIIB, there are Silk Road Fund, BRICS Development Bank, SCO Development Bank and Asian Infrastructure Investment Bank, all of which will play a vital investment role in the Belt and Road construction. In addition, the Belt and Road Initiative is a big strategy. What she needs is money. Where does the money need to be borrowed? In fact, these banks are mainly based on AIIB. And this kind of bank doesn't mean that you will lose money after joining. How many banks have you seen lose money? It has a certain interest rate, so the investment banks in Central Asia can make a lot of money in the whole process of economic construction.

First, provide financial guarantee for the construction of the "Belt and Road"

If the Belt and Road policy is to be implemented, we must first ensure that the infrastructure of countries around the Belt and Road is improved. The most important aspect is the construction of transportation and communication. Because of the large area, this construction needs a lot of money, and the implementation process should not be too slow. Therefore, some banks need to invest, and some banks in western countries think that this situation is too risky and unwilling to intervene. Therefore, AIIB, SCO Development Bank, BRICS Development Bank and Asian Infrastructure Investment Bank came into being. These banks, led by China, have invested in the construction of the New Belt and Road in China and provided certain financial guarantee. At the same time, it can also solve some situations of overcapacity in China, because many domestic infrastructures are basically perfect, and if they are not carried out, the corresponding teams may be in danger of being laid off, so the construction of the Belt and Road Initiative is just an opportunity. For example, redundant teams in high-speed rail construction provide good job opportunities.

Second, Japan, India and Singapore are delusional about developing free corridors to cope with the Belt and Road Initiative.

Japanese, Indian and Singaporean leaders did not send top leaders to attend the Belt and Road Summit in China. The main reason why India did not attend the Belt and Road Summit was that China and Pakistan established the China-Pakistan Economic Corridor in Kashmir. India is very sensitive to this issue, so this time, instead of attending the Belt and Road Summit, they went to Japan and Singapore to discuss the formation of a so-called free corridor to cope with the Belt and Road Summit in China. However, in the process of implementing the plan, they found that there were many problems in the plan. First, they must have sufficient and perfect infrastructure and transportation lines, and they must be combined with their own domestic and surrounding economic interests. Another most important issue is capital. The funding problem is unbearable for Japan, India and Singapore because it is too big. Even the Asian Development Bank in Japan believes that the failure rate is relatively high and it is unwilling to invest. Therefore, the main reason why Japanese attitude towards China has softened recently is that they want to join the AIIB.

Third, after the stability of AIIB, it will become an existence comparable to that of the World Bank.

The original intention of AIIB was to provide financial support for the Belt and Road Initiative. However, if the grand strategy of the Belt and Road is successfully implemented, even if it is 60% successful, it means basic success. Therefore, at this time, the strength of AIIB itself will be significantly improved, and the status of AIIB in Asia and the world will also be significantly improved. It will even become the only one in the world who can compete with the World Bank and become the maker of the rules of the World Economic Bank today.