A sales assistant arranges handbags inside a Chanel boutique at a shopping mall in central Guangzhou, China, in February 2014. Alex Lee/Reuters/Landov hide caption

itoggle caption Alex Lee/Reuters/Landov

Chinese President Xi Jinping, center, and Asian leaders approved an agreement on the Asian Infrastructure Investment Bank in Beijing in Oct., 2014. European countries are beginning to sign up too. Takaki Yajima/AP hide caption

itoggle caption Takaki Yajima/AP