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China-backed AIIB maintained loans to India during border dispute in ‘first major test’, says president

Summary:
[unable to retrieve full-text content]The Beijing-based Asian Infrastructure Investment Bank (AIIB) kept lending to India despite domestic pressure during last year’s deadly border dispute between the two countries, said the bank’s president Jin Liqun, refuting claims the lender is simply a tool for China’s strategic interests.The AIIB, which began operations in 2016 and now has 103 members worldwide, has long been viewed as Beijing’s answer to the Western-dominated international financial system, and is seen as a potential rival…

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[unable to retrieve full-text content]
The Beijing-based Asian Infrastructure Investment Bank (AIIB) kept lending to India despite domestic pressure during last year’s deadly border dispute between the two countries, said the bank’s president Jin Liqun, refuting claims the lender is simply a tool for China’s strategic interests.The AIIB, which began operations in 2016 and now has 103 members worldwide, has long been viewed as Beijing’s answer to the Western-dominated international financial system, and is seen as a potential rival…

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