• Reuters

  • SHARE

Leaders of the Group of Seven industrial nations discussed a new Chinese-led Asian investment bank at their summit on Sunday, with Prime Minister Shinzo Abe underlining the need to address issues like corruption, his spokesman said.

While 57 countries, including G-7 members Britain, Germany and France, have joined the Asian Infrastructure Investment Bank (AIIB) as founding members, Japan and the United States have stayed out of a venture seen as a rival to the U.S.-dominated World Bank and Japan-led Asian Development Bank (ADB).

In a time of both misinformation and too much information, quality journalism is more crucial than ever.
By subscribing, you can help us get the story right.

SUBSCRIBE NOW

PHOTO GALLERY (CLICK TO ENLARGE)