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Sunday, 22 March 2015 - 19:16
Lagarde says IMF to co-operate with China-led AIIB bank
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International Monetary Fund chief Christine Lagarde has said the IMF would be "delighted" to co-operate with the China-led Asian Infrastructure Investment Bank.

The AIIB has more than 30 members and is envisaged as a development bank similar to the World Bank.

Lagarde said there was "massive" room for IMF co-operation with the AIIB on infrastructure financing.

The US has criticised the UK and other allies for supporting the bank.
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