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China-led Asian Infrastructure Investment Bank freezes Russia lending
short by Ashley Paul / on Thursday, 3 March, 2022
China-led Asian Infrastructure Investment Bank (AIIB) on Thursday said it has put all activities relating to Russia and Belarus on hold and under review owing to the Russia-Ukraine war. China, despite being the Bank's largest shareholder and holding 26.5% of AIIB's voting power, has opposed sanctions imposed on Russia by governments of various countries.
read more at Reuters