Title: Asian Infrastructure Bank Officially Established

Content: <div id='article-page'><div id='article-content' data-media-url='//news-app-staging.s3.amazonaws.com' data-base-url='//news-app-staging.herokuapp.com' data-sound-name='https://news-app-production.s3.amazonaws.com/articles/259/asia_audio.m4a' data-capture-url='//staging.analytics.lingraphica.com/events/capture_news' data-article-title='Asian Infrastructure Bank Officially Established' data-article-id='524'><script src='//news-app-staging.herokuapp.com/javascripts/getscripts.js'></script><link rel='stylesheet' href='//news-app-staging.herokuapp.com/stylesheets/article.css' type='text/css' /><div class='article'><p><span data-start-time='0' data-end-time='12104'>Officials from 57 countries gathered in Beijing on Monday to sign an agreement creating the Asian Infrastructure Investment Bank.</span> </p><p><span data-start-time='12104' data-end-time='17250'>Australia was the first nation to sign the agreement.</span> </p><p><span data-start-time='17250' data-end-time='29438'>The bank was created to help Asia meet the need for $800 billion a year to build roads, railroads and ports. </span> <span data-start-time='29438' data-end-time='37021'>It will also have money for telecommunications, energy and electricity projects.</span> </p><p><span data-start-time='37021' data-end-time='42021'>China is giving the bank almost $30 billion. </span> <span data-start-time='42021' data-end-time='48271'>The bank will begin operations with about $100 billion. </span> <span data-start-time='48271' data-end-time='55083'>China will control more than 25 percent of the votes in the bank. </span> <span data-start-time='55083' data-end-time='62250'>India and Russia are the second- and third-largest shareholders.</span> </p><p><span data-start-time='62250' data-end-time='68021'>The United States and Japan have refused to join the bank. </span> <span data-start-time='68021' data-end-time='71500'>They are worried about its rules. </span> <span data-start-time='71500' data-end-time='83750'>The U.S. asked many of its allies in Africa, Europe and South America not to join the bank, but most of them did.</span> <span data-start-time='' data-end-time=''> </span> </p></div><div class='control-buttons-sticky' style='display:none;'><div class='control-buttons'><button title='Back' class='back' disabled='disabled'></button><button title='Play' class='play' disabled='disabled'></button><button title='Pause' class='pause' style='display:none;'></button><button title='Forward' class='forward' disabled='disabled'></button><button class='finished-reading' style='display:none;'>Done</button></div></div></div><div id='article-media'><div id='media-image'><img src='https://news-app-production.s3.amazonaws.com/articles/259/asia_image.jpg'/></div></div><div id='question-content' style='display:none;'><div class='vocabulary_question question-container' data-question-id=3002 data-hint-location='62250' style='display:none;'><div class='question' data-sound-name='https://news-app-production.s3.amazonaws.com/articles/259/what_does_refuse_mean.m4a'>What does <strong>refuse</strong> mean?</div><div class='choices' data-correct-choice='to decline to accept'><div class='choice' data-sound-name='https://news-app-production.s3.amazonaws.com/articles/259/to_improve_something.m4a'><span>to improve something</span></div><div class='choice' data-sound-name='https://news-app-production.s3.amazonaws.com/articles/259/illegal_activity.m4a'><span>illegal activity</span></div><div class='choice' data-sound-name='https://news-app-production.s3.amazonaws.com/articles/259/the_main_idea.m4a'><span>the main idea</span></div><div class='choice' data-sound-name='https://news-app-production.s3.amazonaws.com/articles/259/to_decline_to_accept.m4a'><span>to decline to accept</span></div></div></div><div class='multiple_choice_question question-container' data-question-id=3003 data-hint-location='62250' style='display:none;'><div class='question' data-sound-name='https://news-app-production.s3.amazonaws.com/articles/259/which_country_did_not_sign_the_agreement_to_join_the_bank.m4a'>Which country did NOT sign the agreement to join the bank?</div><div class='choices' data-correct-choice='America'><div class='choice' data-sound-name='https://news-app-production.s3.amazonaws.com/articles/259/russia.m4a'><span>Russia</span></div><div class='choice' data-sound-name='https://news-app-production.s3.amazonaws.com/articles/259/india_.m4a'><span>India </span></div><div class='choice' data-sound-name='https://news-app-production.s3.amazonaws.com/articles/259/america.m4a'><span>America</span></div><div class='choice' data-sound-name='https://news-app-production.s3.amazonaws.com/articles/259/australia.m4a'><span>Australia</span></div></div></div><div class='sentence_completion_question question-container' data-question-id=3004 data-hint-location='17250' style='display:none;'><div class='question' data-sound-name='https://news-app-production.s3.amazonaws.com/articles/259/the_bank_was_created_to_help__blank__build_infrastructure.m4a'>The bank was created to help <span class='blank'>Asia</span> build infrastructure.</div><div class='choices' data-correct-choice='Asia'><div class='choice' data-sound-name='https://news-app-production.s3.amazonaws.com/articles/259/australia.m4a'><span>Australia</span></div><div class='choice' data-sound-name='https://news-app-production.s3.amazonaws.com/articles/259/asia.m4a'><span>Asia</span></div><div class='choice' data-sound-name='https://news-app-production.s3.amazonaws.com/articles/259/north_america.m4a'><span>North America</span></div><div class='choice' data-sound-name='https://news-app-production.s3.amazonaws.com/articles/259/europe.m4a'><span>Europe</span></div></div></div><div class='question-buttons'><button class='skip-button'></button><button class='hint-button'></button><button class='speak-button'></button></div></div></div>

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Officials from 57 countries gathered in Beijing on Monday to sign an agreement creating the Asian Infrastructure Investment Bank.

Australia was the first nation to sign the agreement.

The bank was created to help Asia meet the need for $800 billion a year to build roads, railroads and ports. It will also have money for telecommunications, energy and electricity projects.

China is giving the bank almost $30 billion. The bank will begin operations with about $100 billion. China will control more than 25 percent of the votes in the bank. India and Russia are the second- and third-largest shareholders.

The United States and Japan have refused to join the bank. They are worried about its rules. The U.S. asked many of its allies in Africa, Europe and South America not to join the bank, but most of them did.

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