Charities and community groups are being offered a new way to get funding.
£600million is being made available as part of the Government's ‘Big Society’ agenda.
The new 'bank' will hand money to groups that can prove they can generate enough income to repay the investment.
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The meeting indicates growing concern over deteriorating relations between the US and east Asian nation.
Mel B's estranged husband will be allowed to visit his young daughter - despite accusations of violence and links to the porn industry.
The singer, 70, has been forced to cancel several shows in the US as he recovers from the illness he contracted whilst abroad.