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Editorials of state-owned media in China, like Global Times, generally reflect the Communist Party viewpoint.
AIIB plans to invest $1.2 billion this year.
Beijing's cautionary note came as other euro-sceptic leaders in the European Union called for their countries to follow suit.
World markets had been jittery in the weeks leading up to the EU referendum vote.
European Union chief Donald Tusk said on Friday the bloc will meet without Britain at a summit next week to assess its future.
The SCO is planning to establish a new development bank and a new transport corridor.
Some are now expecting the PM to resign and for snap elections to be held in the fall.
Putin, Xi and Elbegdorj are in Tashkent to attend a SCO Summit.
India is hosting the 8th BRICS Summit in October while China will host the G20 Summit later this year.
Private investment accounts for 80 per cent of jobs in China, and more than half of the tax revenue.