Managing AIIB won't be an easy task for China, say analysts
Authoritarian style won't work as many members hold strong views on environment, graft and efficient lending
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Beijing
CHINA scored a diplomatic coup by enticing almost 50 countries including key US allies to join its new development bank, but analysts say Beijing now faces a daunting task managing a multilateral institution for the first time, with members ranging from the Netherlands to Nepal.
By Tuesday's deadline to seek founding membership of the US$50 billion Asian Infrastructure Investment Bank (AIIB), 48 countries and Taiwan had applied, the finance ministry and governments said.
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