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Asia’s new investment bank can change the rules and clean up

By: Gerry Arances Convenor (CEED)

“China needs to do something which can help it be recognised as a responsible member of the international economic community and maybe in the future be recognised as a responsible leader.”

This was the message of the Asia Infrastructure Investment Bank (AIIB), uttered by its President Jin Liqun this month, whilst flagging his ambition to rival other lenders such as the World Bank and the Asia Development Bank (ADB).

 

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