China's new investment bank already paying diplomatic dividend to Beijing

By Philip Wen
Updated March 22 2015 - 3:08am, first published March 21 2015 - 9:42am
China's President Xi Jinping (fourth right) meets guests at the Asian Infrastructure Investment Bank (AIIB) launch ceremony in the Great Hall of the People in Beijing in October last year. Photo: POOL
China's President Xi Jinping (fourth right) meets guests at the Asian Infrastructure Investment Bank (AIIB) launch ceremony in the Great Hall of the People in Beijing in October last year. Photo: POOL
China's President Xi Jinping (fourth right) meets guests at the Asian Infrastructure Investment Bank (AIIB) launch ceremony in the Great Hall of the People in Beijing in October last year. Photo: POOL
China's President Xi Jinping (fourth right) meets guests at the Asian Infrastructure Investment Bank (AIIB) launch ceremony in the Great Hall of the People in Beijing in October last year. Photo: POOL
China's President Xi Jinping (fourth right) meets guests at the Asian Infrastructure Investment Bank (AIIB) launch ceremony in the Great Hall of the People in Beijing in October last year. Photo: POOL
China's President Xi Jinping (fourth right) meets guests at the Asian Infrastructure Investment Bank (AIIB) launch ceremony in the Great Hall of the People in Beijing in October last year. Photo: POOL
China's President Xi Jinping (fourth right) meets guests at the Asian Infrastructure Investment Bank (AIIB) launch ceremony in the Great Hall of the People in Beijing in October last year. Photo: POOL
China's President Xi Jinping (fourth right) meets guests at the Asian Infrastructure Investment Bank (AIIB) launch ceremony in the Great Hall of the People in Beijing in October last year. Photo: POOL

Beijing: As the list of traditional United States allies signing on to the China-led Asian Infrastructure Investment Bank continues to swell – despite direct pleas from the Obama administration – the reaction among Western analysts has been all but universal.

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