President Xi Jinping at the Beijing launch of the Asian Infrastructure Investment Bank in October last year. Since then major US allies such as Britain, Germany and France have applied to join the project. Photo: Reuters President Xi Jinping at the Beijing launch of the Asian Infrastructure Investment Bank in October last year. Since then major US allies such as Britain, Germany and France have applied to join the project. Photo: Reuters
President Xi Jinping at the Beijing launch of the Asian Infrastructure Investment Bank in October last year. Since then major US allies such as Britain, Germany and France have applied to join the project. Photo: Reuters
China

China-led Asian bank challenges US dominance of global economy

America's 70-year dominance of the global economy faces challenge from Chinese-led Asian bank

Topic |   Asian Infrastructure Investment Bank
Cary Huang
Cary Huang

Updated: 4:18pm, 27 Apr, 2015

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President Xi Jinping at the Beijing launch of the Asian Infrastructure Investment Bank in October last year. Since then major US allies such as Britain, Germany and France have applied to join the project. Photo: Reuters President Xi Jinping at the Beijing launch of the Asian Infrastructure Investment Bank in October last year. Since then major US allies such as Britain, Germany and France have applied to join the project. Photo: Reuters
President Xi Jinping at the Beijing launch of the Asian Infrastructure Investment Bank in October last year. Since then major US allies such as Britain, Germany and France have applied to join the project. Photo: Reuters
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