business

China says new bank to complement existing institutions

6 Comments

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6 Comments
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Saw a documentary about the World Bank and IMF today. After watching it, I'm all for competition. Who knows, maybe a strong Chinese bank will be a good thing. The World Bank and the IMF certainly don't have our interests at heart. I'm sure the Chinese one wouldn't. But maybe they can at least keep each other in check. Wishful thinking perhaps.

2 ( +2 / -0 )

The Americans really blew this one. The Chinese can act magnanimously and open-heartedly while the Americans can only grumble in the dark with their friends in Tokyo.

1 ( +2 / -1 )

You've gotten far better treatment than you've deserved.

LOL

0 ( +4 / -4 )

There's not even a bank yet. Let's not put the cart before the horse. Especially since big international projects like this tend to be undone by internal politics.

0 ( +0 / -0 )

Americans can only grumble in the dark with their friends in Tokyo.

When did Americans treat Japan as a friend?

-5 ( +3 / -8 )

@tinawatanbe The last 70 years. You've gotten far better treatment than you've deserved.

The Chinese can act magnanimously and open-heartedly

Luckily China has never done this, ever, in its entire history.

-8 ( +0 / -8 )

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