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EDITORIAL

AIIB: Yet another symbol of the changing balance of global power

Wednesday, October 29, 2014 - 05:50
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The birth of the Asian Infrastructure Investment Bank (AIIB) in Beijing's Great Hall of the People last Friday is yet another reminder that the global balance of economic and political power is shifting.

THE birth of the Asian Infrastructure Investment Bank (AIIB) in Beijing's Great Hall of the People last Friday is yet another reminder that the global balance of economic and political power is shifting. The United States is still a superpower but US-inspired regional institutions can no longer

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