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Germany, France, Italy to join Chinese-led Asian bank

March 17, 2015 12:43 PM
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Germany, France and Italy followed Britain on Tuesday in announcing that they plan to join a proposed Chinese-led Asian regional bank, swinging Europe's biggest economic powers behind a project that is viewed with concern in Washington.

Britain last week became the first major Western country to seek membership in the Asian Infrastructure Investment Bank. Tuesday's announcement brings three more members of the Group of Seven industrial powers on board.

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