Britain joins China-led Asian investment bank triggering US criticism
Britain has applied to join a major multinational investment bank created by China triggering criticism from the United States.
Officials in London say the move has been in line with Britain’s national interests. They say they don’t expect the decision to join the Asian Infrastructure Investment Bank, AIIB, to damage ties with the US. Washington says London decided to join the AIIB without any consultation. It also says the move shows Britain is increasingly accommodating to China. Meanwhile, Beijing has welcomed London’s decision to join the bank. The AIIB, that will be launched in October, is seen as an emerging rival to powerful institutions like the World Bank and the Asian Development Bank. China and 20 other countries have so far joined the financial institution while the US, Japan, South Korea and some other countries have declined to do so.
Tehran, Rome sign deals to boost economic cooperation
WFP warns of dire food situation in Iraq’s Fallujah
Paris becomes scene of mass anti-govt. labor sit-in
VIDEO | Press TV's news headlines
‘Aggressive, hostile’: Canadian lawmakers slam Israel after being barred from West Bank
Pro-Palestinian hacker group breaches phone of former Israeli PM Bennett
VIDEO | Sana’a university protest condemns Qur’an desecration in texas
Israeli soldier takes own life at military base as Gaza war trauma deepens
Doctors in England begin 5-day strike over pay standoff amid flu surge
VIDEO | Austria keeps activist in jail for pro-Palestine slogan
VIDEO | Iran lab technology cements role in national development
PressTV NEWSLETTER
now
This makes it easy to access the Press TV website
