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Jakarta to compete with Beijing to host AIIB headquarters

IMF's Lagarde welcomes China's creation of new infrastructure bank
Tuesday, March 24, 2015 - 05:50

Hong Kong

INDONESIA will seek to host the Asian Infrastructure Investment Bank's (AIIB) headquarters, the finance minister of South-east Asia's largest economy said on Monday, though the new multilateral lender is led by China and Beijing wants the role for itself.

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