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AIIB set to open for business this year

But the Beijing-based bank has spelt out little so far about its mission and geographical focus

China, India and Russia will have a total of 40 per cent of votes in AIIB, said a Chinese diplomatic source.


THE Asian Infrastructure Investment Bank (AIIB) is finally "signed, sealed and delivered". Its Articles of Agreement were endorsed on Monday by 50 founding member countries, and all that remains now is for the AIIB to finish staffing up and open its doors for business by the end of