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Finance

Moody's thumbs-up gives AIIB global cred

Top rating lowers fundraising cost for China-led development bank

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Jin Liqun, president of the Asian Infrastructure Investment Bank, spoke at the opening ceremony of the lender's second annual meeting June 16 in South Korea.   © Kyodo

BEIJING -- The Asian Infrastructure Investment Bank earned a top-notch rating from Moody's Investors Service thanks to factors such as a solid capital base and good management, an endorsement that should give the lender easier access to global bond markets.

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