China backed intl-bank sparks US outrage
Mar 17, 2015
The institution will directly compete with the America-backed World Bank and the IMF. It will provide loans for infrastructure projects – some of which would be unlikely to get support elsewhere.
***[Photo, txt & Video Credit: RT]
Dragon Rising: China backed intl-bank sparks US outrage | #News, PRC, 中国,
中國
China backed intl-bank sparks US outrage
Mar 17, 2015
The institution will directly compete with the America-backed World Bank
and the IMF. It will provide loans for infrastructure projects – some of
which would be unlikely to get support elsewhere.
***[Photo, txt & Video Credit: RT]
[Tags:#News & #Politics, 中国, 中國, People’s Republic of China, 中华人民共和国, PRC,
East Asia, Business & Financial News, UK, USA, EU, economy, Global economy,
America, World Bank]