Led Asian Bank

March 17, 2015 12:16 PM

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Germany, France and Italy have followed Britain in announcing that they plan to join a proposed Chinese-led Asian regional bank viewed with concern by Washington.

A German finance ministry statement Tuesday said that the Asian Infrastructure Investment Bank "could play an important role to provide funds for addressing the large infrastructure needs in Asia," helping contribute to global growth.

Also read: Central Bank Chief Says Canada Can Handle More Infrastructure Investment

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