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China-backed AIIB touts growth, sustainability

But environmental groups express disappointment at its energy strategy that remains open to coal projects

"We will not consider proposals if we are concerned about the environmental and reputational impact," AIIB president Jin Liqun, a former vice-president at the ADB, said Friday in Jeju.

Jeju, South Korea

LEADERS of the China-backed Asian Infrastructure Investment Bank touted its growing membership and commitment to sustainable development at its annual meeting, even as environmental groups were disappointed by its openness to investing in coal projects.

The AIIB,...

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