China forgoes veto power at new bank to win key European support

China forgoes veto power at new bank to win key European support By Lingling Wei and Bob Davis Published: Mar 24, 2015 12:31 a.m. ET By LinglingWei BobDavis China has offered to forgo veto power at a new Beijing-led development bank, in a proposal that helped attract European countries to break with Washington and line…