China's official news agency Xinhua said on April 2, 2015, that China welcomes Taiwan's decision to apply to join the Beijing-led Asian Infrastructure Investment Bank (AIIB) as long as the self-ruled island uses an appropriate name. It quoted the spokesman of China's Taiwan Affairs Office, Ma Xiaoguang, as saying "The AIIB is open and inclusive.We welcome Taiwan to participate in the AIIB under an appropriate name."Following Beijing's clarification there have been protests in Taiwan.