article_snippet: Britain wants to become a founding member of a proposed Chinese-led financial institution that analysts say could rival the World Bank.
article_snippet: Twenty-one other governments including India, New Zealand and Thailand have said Twenty-one other governments including India, New Zealand and Thailand want to join the World Bank.
article_snippet: For now, the United States and the United States close allies Japan, South Korea and Australia are not part of the new club.
article_snippet: its initiatives are not China's solo, but a symphony performed by all relevant countries,' said Foreign Minister Wang Yi this week, according to Chinese state television.
article_snippet: Chinese President Xi Jinping (pictured) has called for the creation of a new Asian structure for security cooperation based on a 24-nation group that excludes the United State .
article_snippet: A spokesman for the White House National Security Council said: 'It is important to note that countries that become .
article_snippet: members on China's Ministry of Finance proposed entry. '
article_snippet: If all goes well, the UK will become a founding member of .
article_snippet: Other governments joining the World Bank include Singapore, Vietnam, the Philippines, Mongolia, Laos, Cambodia, Oman, Uzbekistan, Sri Lanka, Qatar, Pakistan, Nepal, Bangladesh, Brunei, Kazakhstan, Kuwait, Malaysia and Myanmar.
article_snippet: In May, Chinese President Xi Jinping called for the creation of a new Asian structure for security cooperation based on a 24-nation group that excludes the United States.
article_snippet: China said earlier this year a total of 26 countries are . founder members, mostly from Asia and the Middle East. '
highlights_snippet: Britain looking to become founding member of Chinese-led regional bank .
  