Economic

Europe Defies US, Signs on to China’s World Bank

“France, Germany and Italy on Tuesday joined the U.K. in signing onto the Chinese-led Asian Infrastructure Investment Bank (AIIB), brushing off Washington’s reservations about the burgeoning institution and leaving the U.S. on the sidelines of yet another Chinese challenge to the global financial architecture.”

Source: Europe Defies US, Signs on to China’s World Bank | Al Jazeera America

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