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China AIIB
China AIIB News
Asian Infrastructure Investment Bank
31 Aug 2016
Canada to apply to join China-backed AIIB
The AIIB is an independent institution with its own secretariat.
AIIB
09 Jun 2015
China to have `veto power` over infrastructure bank: Report
According to the bank`s articles of incorporation, China is providing nearly $30 billion of the institution`s $100 billion capital base, giving Beijing between 25 to 30 percent of total votes, it said.
US President
29 Apr 2015
Barack Obama says not opposed to China-led AIIB
US President Barack Obama has said the US is not opposed to China-led AIIB but cautioned that money could be "misused" if the new bank does not adhere to high accounting standards and transparency.
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