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AIIB Takes Big Strides Amid Fears About China's Dominance

The Beijing-based Asian Infrastructure Investment Bank stresses its independence from China's influence and says its project decisions are objective, but at the bank's first annual general meeting this weekend, it was clear some members are concerned about that very question. The meeting revealed the new bank is sanctioning four project loans worth $509 million since it was launched last January. AIIB has also partnered with three other multilateral development banks — the...

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