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<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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