Tag: UK Asia

• Monday, March 16th 2015 - 10:25 UTC

  UK caught on the wrong side in a US/Beijing dispute over Chinese development bank

  

  The US has expressed concern over the UK's bid to become a founding member of a Chinese-backed development bank. The UK is the first big Western economy to apply for membership of the Asian Infrastructure Investment Bank (AIIB) despite the fact that US has raised questions over the bank's commitment to international standards on governance.