Beijing 'would welcome' U.S. joining China-led bank - report

Reuters

18 March 2015 at 11:33 am

Chinese Vice-Minister of Finance Yaobin Shi (R) waits to meet with World Bank President Jim Yong Kim (not pictured) during the IMF/World Bank 2014 Spring Meeting in Washington on April 13, 2014. REUTERS/Joshua Roberts

BERLIN (Reuters) - Chinese deputy finance minister Shi Yaobin has told a German newspaper his country would welcome the United States joining a new China-led Asian development bank. "We would welcome the USA joining the Asian Infrastructure Investment Bank (AIIB)," he said, according to an advance copy of an article due to be published in business daily Handelsblatt on Thursday. The United States has urged countries to think twice before signing up to the AIIB, which it sees as a rival to the World Bank, after Germany, France and Italy followed Britain in saying they would join. (Reporting by Michelle Martin and Stephen Brown)

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