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US Should Not Oppose China-led Development Bank, Analysts Say

The U.S. has expressed reservations about the China-sponsored Asian Infrastructure Investment Bank, but some experts say opposing the newly established bank may not a wise choice for Washington. China and 20 other countries launched the AIIB on Oct. 24. The United States and other nations doubt whether the bank meets international standards of governance and transparency. “Our view is that it would need to be done in a transparent manner with a high level of — high standards, and...

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