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UK support for China-backed Asia bank prompts US concern
Source: BBC
The US has expressed concern over the UK's bid to become a founding member of a Chinese-backed development bank.
The UK is the first big Western economy to apply for membership of the Asian Infrastructure Investment Bank (AIIB).
The US has raised questions over the bank's commitment to international standards on governance.
"There will be times when we take a different approach," a spokesperson for Prime Minister David Cameron said about the rare rebuke from the US.
Read more: http://www.bbc.co.uk/news/world-australia-31864877
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