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Which institution is China's equivalent of the IMF?

Which institution is China's equivalent of the IMF?

چین کا آئی ایم ایف کے مساوی ادارہ کونسا ہے؟
Explanation
  • Asian Infrastructure Investment Bank (AIIB), founded in 2015.
  • It is headquartered in Beijing.
  • It is China's alternative to Western financial institutions like the IMF.

  • It focuses on infrastructure development in Asia and beyond, with over 100 member countries.