People watched closely when China launched the Asian Infrastructure Investment Bank (AIIB) last year. The new multilateral development bank boasted an initial capital of $100 billion, a founding membership of 57 countries (with 24 more waiting to join end of this year), and a mandate to be “lean, clean and green.” After its first annual general meeting and seminars this week, it appears that the AIIB is starting to move in a positive direction.
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