Korea's presidential office denies reports of Seoul's decision on AIIB

Описание

The presidential office has not decided whether Korea should join a China-led development bank. But according to senior staff... the administration is expected to make a decision after a review. On Wednesday, President Park's senior economic secretary denied reports of Seoul's decision to join the Asian Infrastructure Investment Bank... while saying there has not been any official discussion on the matter. The A-I-I-B is a thorny topic between China and the United States. The bank is viewed as a move by Beijing to take control of economic and trade order in the Asia-Pacific.