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China: 57 Countries to be Founding Members of AIIB

A total of 57 countries will be founding members of the new Beijing-backed Asian Infrastructure Investment Bank (AIIB), China's finance ministry said on Wednesday, throwing together countries as diverse as Iran, Israel, Britain and Laos. Britain surprised some allies last month in deciding to join the AIIB, and was quickly followed by Germany, France and Italy. Among the Group of Seven (G7) industrialized countries, the United States, Japan and Canada remain as...

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