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Japan-led ADB sees no need to compete with China's AIIB


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Well it's good to focus on the need and not the fact that we can't compete with the Chinese Bank financially anyways :)

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Two people I used to work with at expat newspapers in Tokyo and Taipei now work in the PR offices of the ADB in Manila, Andrew Perrin from Australia and Geoffrey Dwyer from the UK.

Taiwan has been invited by China to join the AIDB but under the fake name of "Chinese Taipei Province of China" but Taiwan says it will only join under the name of Taiwan (ROC). China refuses to accept that name for Taiwan and therefore Taiwan is not going to dine with the Communists of the PRC.

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