The United States and Japan are the only G7 countries that have not signed up to be Asian Infrastructure Investment Bank (AIIB) members, a move viewed by Beijing as a sign of Washington’s mistrust of the Chinese government and its ambition to exert bigger regional influence. US membership of the AIIB and endorsing China’s efforts to revive trade routes along the ancient Silk Road, would be a big sign of goodwill from Washington to Beijing to pave the way for future agreements.

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