It was the first time the bank had held the two-day gathering outside Asia since it was founded at the end of 2015, as it seeks to position itself in the global financing landscape. Photo: Xinhua
It was the first time the bank had held the two-day gathering outside Asia since it was founded at the end of 2015, as it seeks to position itself in the global financing landscape. Photo: Xinhua

China-backed Asian Infrastructure Investment Bank adds Benin, Djibouti and Rwanda

  • The addition of the three African countries was announced at the bank’s annual meeting in Luxembourg on Saturday
  • Analyst says AIIB promotes Beijing’s interests, and by not being part of it, the United States has helped China control the bank more tightly

It was the first time the bank had held the two-day gathering outside Asia since it was founded at the end of 2015, as it seeks to position itself in the global financing landscape. Photo: Xinhua
It was the first time the bank had held the two-day gathering outside Asia since it was founded at the end of 2015, as it seeks to position itself in the global financing landscape. Photo: Xinhua
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