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Pan-European Bank: Made in China

Pan-European Bank: Made in China
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Germany, France and Italy join the UK in wanting to be part of the massive financial structure that Beijing is spearheading halfway across the world, despite the US’ reservations about their participation.

In an article entitled "3 European Powers Say They Will Join China-Led Bank", carried by The New York Times, Andrew Higgins and David E. Sandermarch write: "American officials have fumed that China never approached the Group of 7 — the consortium of economic powers that the United States has led — but rather decided to pick off individual members, setting a deadline of the end of March for them to decide whether to join the new organization, the Asian Infrastructure Investment Bank, which many refer to by its initials, the A.I.I.B."

Ariel Shamir, Israeli prominent author (studio guest):

"The European countries might act as a Trojan Horse"

Dominique R. Jolly, a permanent professor at SKEMA Business School (France), the Head of the department "Strategy, Entrepreneurship and Economics" and a visiting Professor at CEIBS (Shanghai, China):

"I can understand America's tension"

"If China is the number one economy in the world or close to it, then we need to be part of this"

"The US reaction shows how far China was able to develop"

"When China created this infrastructure bank, it created some sort of new competition"

Brian Yeung, an independent contributor to Chinese and English media in Hong Kong

"The Asian Infrastructure Investment Bank isn't just about China, it's backed by China, but the money is to be made all over Asia"

"China is seen as a country that can develop an institution with a high level of transparency and governance"

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