Critics say Obama ‘screwed up’ US’ bid to head off Asian Infrastructure Bank
United States’ bid to head off the Asian Infrastructure Investment Bank (AIIB), proposed by China for the rapidly growing Asian region, ended in abject failure as organizers announced that about 46 countries, including some of U.S.’ closest Asian and European allies, had applied to become founding members of the bank.
The news has elicited widespread criticism of how the Obama administration handled the entire episode, reported The Washington Times.