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The People's Daily, June 30, 2015

The People's Daily, the official newspaper of the Chinese Communist Party,featured on its front page today a large photograph of the representatives of 50 countries that signed an agreement Monday for the China-led Asian Infrastructure Investment Bank (AIIB) at the Great Hall of the People in Beijing.

The finalizing of the AIIB, which could be fully established by the end of 2015, is a major step in China's global ambitions, as it is regarded as a potential IMF rival. China, India and Russia are the biggest shareholders in the bank, while the U.S. and Japan still refuse to join it even after several top European countries signed on.

ABOUT THE SOURCE: People's Daily is a state-run newspaper in China founded in 1948, which today is published worldwide with a combined circulation of more than three million.

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2022 Kharkiv Pride Parade

Laura Valentina Cortés Sierra, Sophia Constantino and Lila Paulou

Welcome to Worldcrunch’s LGBTQ+ International. We bring you up-to-speed each week on a topic you may follow closely at home, but can now see from different places and perspectives around the world. Discover the latest news on everything LGBTQ+ — from all corners of the planet. All in one smooth scroll!

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