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China US Inch Closer on Asia Fund as Deadline Approaches

China has set the end of March as a deadline for countries to become founding members of a new multi-billion dollar Beijing-led development bank. As the date approaches, a growing number of U.S. allies in Europe and Asia have jumped on board or are considering signing up.   Even Washington, which has discouraged countries from joining, is talking more about cooperation.   The international community has long urged China to play a bigger role in global affairs, but when Beijing...

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