How Europe and U.S. stumbled into spat over China-led bank
Historians may record March 2015 as the moment when China`s chequebook diplomacy came of age, giving the world`s number two economy a greater role in shaping global economic governance at the expense of the United States and the international financial institutions it has dominated since World War Two.
Mar 22, 2015, 20:21 PM IST
Switzerland, Luxembourg plan to join China-led development bank
Switzerland and Luxembourg are planning to join the Beijing-backed development bank AIIB, China`s finance ministry said, the latest European nations to sign up to the multilateral lender which has drawn scepticism from the United States.
Mar 21, 2015, 11:44 AM IST
Global push aims to change China''s mind on bank rules: US official
The United States has joined forces with Japan and the European Union to pressure China on new bank cybersecurity rules that have upset foreign companies, a senior U.S. official said on Wednesday.
Mar 19, 2015, 09:12 AM IST
US urges allies to think twice before joining China-led bank
The United States has urged countries to think twice before signing up to a new China-led Asian development bank that Washington sees as a rival to the World Bank, after Germany, France and Italy followed Britain in saying they would join.
Mar 18, 2015, 09:25 AM IST
Defying US, European allies say they'll join China-led bank
The concerted move to participate in Beijing`s flagship economic outreach project was a diplomatic blow for the United States, reflecting European eagerness to partner with China`s fast-growing economy, the second largest in the world.
Mar 17, 2015, 18:23 PM IST
