Infrastructure bank will produce brave new world of opportunities

The decision by several European nations to join the Asian Infrastructure Investment Bank will create more opportunities and a win-win formula for the two continents.

Britain, Germany, France, Italy, Luxembourg and Switzerland have agreed to join the China-led international development bank, regardless of pressure from the United States.

The decisions are in these countries' national interests as they want to catch the development opportunities in the world's fastest-growing markets rather than remain outside.