Proposed by Xi Jinping, the Asian Infrastructure Investment Bank is headquartered in Beijing and opened in 2016. Photo: Reuters

AIIB approves Papua New Guinea and Kenya as new members, taking total to 86

Major countries such as US and Japan stay away from development bank, as Beijing tries to boost infrastructure networks from Asia to Africa

Topic |   Asian Infrastructure Investment Bank

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Proposed by Xi Jinping, the Asian Infrastructure Investment Bank is headquartered in Beijing and opened in 2016. Photo: Reuters
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