Ad
France and Germany will join the UK as founder members of the Chinese-led Asia Infrastructure Investment Bank (Photo: Trey Ratcliff)

France and Germany to join UK on Chinese-led investment bank

Three more EU countries have confirmed their intention to join the Chinese-led Asia Infrastructure Investment Bank (AIIB) in a snub to the United States.

French and German government officials confirmed their plans to apply for membership of the bank on Tuesday (17 March). Italy has indicated that it will also join.

The bank, which currently has $100 billion (€95 billion) of registered capital but is likely to see its coffers boosted by its new potential members, was launched by C...

To read this story, log in or subscribe

Enjoy access to all articles and 25 years of archives, comment and gift articles. Become a member for as low as €1,75 per week.

Already a member? Login
France and Germany will join the UK as founder members of the Chinese-led Asia Infrastructure Investment Bank (Photo: Trey Ratcliff)

Tags

Ad

Related articles

Ad
Ad

Latest News