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3/30/15

​AIIB: ​Beijing calling: Australia, Denmark

Australia and Denmark, despite previous American objections to the move, say they will join a new Beijing-backed investment bank that some in Washington say could supplant the US-dominated International Monetary Fund.

In a testament to China’s growing economic clout on the global stage, western countries are lining up to join the Asian Infrastructure Investment Bank, or AIIB.

Read more: Beijing calling: Australia

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