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China, India likely to be biggest shareholders in AIIB

The bank says it expects to be operational by year end, but some delegates are sceptical


CHINA is likely to hold a 25-30 per cent stake in the new Asian Infrastructure Investment Bank (AIIB), while India will be the second-biggest shareholder, delegates said on Friday after a three-day meeting of the bank's founding member-nations.

AIIB said in a statement