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AIIB chief tries to distance bank from Xi Jinping

South Korea's Moon Jae-in suggests the lender invest in North Korea

Jin Liqun, left, president of the Asian Infrastructure Investment Bank, speaks to reporters in Jeju, South Korea, on June 17.

JEJU, South Korea -- The head of the Asian Infrastructure Investment Bank on Saturday tried to calm worries that the lender will end up acting as an agent in Beijing's ambitious "belt and road" initiative.

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