International relationsChina-led AIIB drops Russia as venue for annual gathering
Move to Beijing follows bank's freeze on lending toward Moscow and Belarus
Representatives from the founding members of the Asian Infrastructure Investment Bank attend a signing ceremony in June 2015. © Kyodo
IORI KAWATE, Nikkei staff writer
BEIJING -- The Asian Infrastructure Investment Bank will not hold this year's annual meeting in Russia as planned, in what may be a sign of the China-backed development institution bending to international condemnation of Moscow's invasion of Ukraine.