China-India tensions will not influence AIIB as newly re-elected president vows to keep lender an ‘apolitical institution’

The China-backed Asian Infrastructure Investment Bank will remain an “apolitical institution” and will continue to back projects in India despite recent tensions in the disputed Himalayan border region, according to newly re-elected president Jin Liqun.Frictions between the two nations have cooled somewhat since the deadly clash last month, with both sides having agreed to withdraw troops, although India and China have since blocked apps from the other country over privacy and national security…

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