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International relations

China backs AIIB chief Jin Liqun for second term

Development bank's founding president would stay on 5 more years

Jin Liqun has led the AIIB since the development bank launched in 2016.   © Reuters

BEIJING -- The China-led Asian Infrastructure Investment Bank is set to reappoint current President Jin Liqun to another five-year term with Beijing's support.

The AIIB started accepting candidates for the position Tuesday, and the Ministry of Finance announced its nomination of Jin.

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