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European AIIB decisions hailed by Chinese media

Washington is accused of trying to forge a front among its allies against the Beijing-backed multinational bank

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Published Wed, Mar 18, 2015 · 09:50 PM

DeeperDive is a beta AI feature. Refer to full articles for the facts.

Beijing

CHINESE state media took a victory lap on Wednesday, gloating over the decision of major European powers to join a Beijing-backed multinational lender that the United States perceives as a threat to the Washington-led World Bank.

"Welcome Germany! Welcome France! Welcome Italy!" said a commentary in the official Xinhua news agency, describing the US as "petulant and cynical".

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