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Defeat' For Obama As Australia Joins China's Regional Bank




Having attacked its "closest ally" UK for "constant accomodation" with China, we suspect President Obama will be greatly displeased at yet another close-ally's decision to partner up with the Chinese-led Asian Infrastructure Investment Bank (AIIB). As The Australian reports, "make no mistake," the decision by Australia's Abbott government to sign on for negotiations to join China's regional bank,

Read Full Story: http://www.zerohedge.com/news/2015-03-16/colossal-...

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