In These New Times

A new paradigm for a post-imperial world

UK snubs US to join China-led Asian bank

Posted by seumasach on March 14, 2015

BRICS Post

13th March, 2015

Overlooking US censure, the UK has announced its decision to join China’s Asian Infrastructure Investment Bank, becoming the first “major western country” to apply for membership.

“I am delighted to announce today that the UK will be the first major Western country to become a prospective founder member of the Asian Infrastructure Investment Bank, which has already received significant support in the region,” said UK Finance Minister George Osborne on Thursday.

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