With 15 more nations ready to sign onto the AIIB, China’s IMF alternative close to capturing half the world — The Event Chronicle

Last week saw the first new set of signatories join the Asian Infrastructure and Investment Bank (AIIB) since the original 57 nations joined on the institution’s inception back in 2015.  And with these 13 new countries buying into China’s alternative to the West’s International Monetary Fund (IMF) bank, a total of 70 countries have recognized the shift that is taking place from West to East in the global financial system.

However these new 13 members are not the only ones suddenly rushing into the AIIB, as an announcement on March 25 shows that 15 more governments have applied to join, which would make the number of countries joining the AIIB equal to nearly half the total number of countries currently recognized in the world.

Fifteen new members will soon join the Asian Infrastructure Investment Bank (AIIB), which will bring the total number of members to nearly 90, AIIB President Jin…