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Economy

AIIB's latest meeting turns spotlight to India

Bank softens image as Chinese instrument by gathering in its biggest recipient

Launched in 2016, the AIIB has steadily increased its membership.    © Reuters

MUMBAI/BEIJING -- The Chinese-led Asian Infrastructure Investment Bank will hold its third annual meeting this week in India, the multilateral lender's second-largest contributor of capital and by far its largest recipient of financing.

The two-day conference, which gathers representatives from the bank's 86 members, starts Monday in Mumbai. 

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