China-Led Infrastructure Bank to Welcome U.S. ‘Anytime’

Chinese President Xi Jinping, center, and representatives of countries ready to join the Asian Infrastructure Investment Bank line up for a group photo at the Great Hall of the People in Beijing.

Photograph: Kyodo via AP Images
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China is keeping the door open for the U.S. to join its new development bank “anytime,” the lender’s chief said, after the Obama administration failed to persuade most allies to snub the lender.

The U.S. is “welcome to the kitchen to work with us,’ Jin Liqun, secretary general of the secretariat for establishing the bank, told reporters in Singapore on Saturday. The Asian Infrastructure Investment Bank’s founding membership will probably be ‘‘short of 60,” he said.