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What kind of organization is AIIB?
The Bank is an intergovernmental multilateral development agency in Asia.
The Asian Infrastructure Investment Bank (AIIB) is an intergovernmental multilateral development institution in Asia.
Focus on supporting infrastructure construction. The purpose of its establishment is to promote the process of interconnection and economic integration in Asia and strengthen the cooperation between China and other Asian countries and regions. It is the first multilateral financial institution initiated by China, headquartered in Beijing, with a legal capital of 654.38+000 billion US dollars.
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