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Reuters/China Daily - An investor looks on in front of an electronic board showing stock information at a brokerage house in Fuyang, Anhui province March 13, 2015

Blog Post

The U.S., U.K., and the Asian Infrastructure Investment Bank

March 13, 2015, Thomas Wright

The United Kingdom's decision to join the China-led Asian Infrastructure Investment Bank (AIIB) has taken many, including the United States, aback. Thomas Wright looks at the implications of this move and argues that it sends a message that China can set the rules unilaterally and Britain will follow.