China has announced the creation of a large, internationally funded development bank to finance badly needed infrastructure in Asia. But the United States is opposed to this Asian Infrastructure Investment Bank because it would rival existing institutions like the World Bank and Asian Development Bank, which are dominated by the […]
New York Times via CHINA US Focus http://ift.tt/1r9YeYe
New York Times via CHINA US Focus http://ift.tt/1r9YeYe
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