16-05-2015 12:25 via news.yahoo.com

China infrastructure bank will uphold standards: minister

China's foreign minister worked on Saturday to allay concerns that Beijing's new regional infrastructure bank would not meet international standards as he met with US Secretary of State John Kerry. The United States declined to become a founding member of the Asian Infrastructure Investment Bank (AIIB) amid doubts over how it would be managed, but several of Washington's closest allies signed up, including Britain, France and Germany. The concerns include transparency of the AIIB,
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