# Professor Joseph Foudy on the Asian Infrastructure Investment Bank

1 Faculty News June 13, 2015 ![Xinhua logo](/sites/default/files/styles/246w/public/assets/images/con_030505.jpg?itok=6NqP0rMN)>

Excerpt from [Xinhua](https://www.youtube.com/watch?v=lqADoFhiDJo) -- "Ultimately speaking, obviously, all of this investment benefits all of the countries that can receive it. This is helpful competition in that it's going to aid development across many countries."

[Watch the video](https://www.youtube.com/watch?v=lqADoFhiDJo)