The South Korean government reportedly plans to make an official announcement in the near future of its decision to join the China-proposed Asian Infrastructure Investment Bank (AIIB).
The euro zone's biggest economies -- Italy, France and Germany -- have Britain in dismissing U.S. concerns and will become founding members of the Asian Infrastructure Investment Bank (AIIB).
For European countries, joining the China-proposed Asian Infrastructure Investment Bank (AIIB) means participation in a major economic initiative in the world's fastest-growing region, a senior European Union (EU) analyst said Tuesday.
Germany, France and Italy on Tuesday confirmed their respective intentions to join China-proposed Asian Infrastructure Investment Bank (AIIB).
Despite a petulant and cynical Washington, the three leading European powers decided to join the Asian Infrastructure Investment Bank (AIIB) headquartered in Beijing on Tuesday.
Despite concerns voiced by its close ally the United States, Britain, a conventional Atlantic force, will become the first major Western economy to join a China proposed financing mechanism, which will explore investment opportunities in, mainly, Asia.
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