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China's influence at World Bank grows

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A cause for Concern? yes, first for India and then Int'l Community (excluding USA & Japan).

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China’s stake at the bank, in terms of voting power, climbs from 2.78% to 4.42%. The U.S., the world’s largest economy, remains No. 1 spot at 15.85%, effectively giving it veto power, followed by Japan at 6.84%.

Sounds sensible and fair.

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Why shouldn't they be added? Their economy is on the up and up, and they have more clout than ever. Denying them addition to the WB simply because of paranoia is just not right.

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these countries want more influence but they dont want to contribute the dough. US calls the shots at that and similar organizations because we contribute the most money. Lest time I've checked, China is not exactly known for its humanitarianism.

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China is not exactly known for its humanitarianism

she doesn't do humanitarianism. She does business.

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Lest time I've checked, China is not exactly known for its humanitarianism.

Pfft, lat time I checked the World Bank is not really known for its humanitarianism but for instituting so-called creditworthiness in poorer countries.

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she doesn't do humanitarianism. She does business.

Well put.

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If they're willing to pony up the cash then they should get more say.

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China is not exactly known for its humanitarianism

she doesn't do humanitarianism. She does business.

She does business with who exactly?

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