China-led development bank expands roster to 100

Despite membership growth, AIIB's lending misses goal

20190713N AIIB

The headquarters of Asian Infrastructure Investment Bank is seen under construction in Beijing. China essentially has veto power over the bank. © Reuters

TOMOYO OGAWA, Nikkei staff writer

LUXEMBOURG -- The China-led Asian Infrastructure Investment Bank is adding three members to bring the number of approved countries and regions to 100, President Jin Liqun said at the AIIB's annual meeting here Friday.

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