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flag AIIB, led by China, plans largest expansion since 2016 with new offices in Hong Kong and Singapore.

flag The Asian Infrastructure Investment Bank (AIIB), led by China, is planning its largest expansion since 2016 by opening new offices in Hong Kong and Singapore. flag With over $57 billion in assets, the bank may announce the move at its annual meeting in June if host agreements are finalized. flag The AIIB, which has expanded to over 100 member countries, has committed almost $52 billion to 38 countries, with India as the largest recipient.

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