Tag Archive: Major American Allies Ignore U.S. Pleas and Join China’s Alternative Bank

Major American Allies Ignore U.S. Pleas and Join China’s Alternative Bank

Major American Allies Ignore U.S. Pleas and Join China’s Alternative Bank UK, Australia, New Zealand, Singapore and India All Sign On … South Korea Next? Update: The Financial Times now reports that France, Germany and Italy have all agreed to join the China-led international development bank as well, “delivering a blow to US efforts to keep leading western countries out of the new institution.” This week, 2 major U.S. allies – 2 of the “Five Eyes” – have disregarded American pleas and joined China’s new development bank … alternative to the US-dominated IMF and World Bank lending order. (A third… View Article