Australia to Join China-Led Development Bank, Says Finance Minister

BOAO, China—Australia intends to join a new Asian infrastructure bank China is environment up, apropos a latest U.S. fan to announce a appearance notwithstanding Washington’s concerns about a approach a bank might operate.

Australian Finance Minister Mathias Cormann pronounced Saturday that Prime Minister Tony Abbott will make an proclamation Sunday about Australia’s focus for membership in a Asian Infrastructure Investment Bank.

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