Bloomberg (August 19)
2015/ 08/ 20 by jd in Global News
“Beijing still believes money can buy the trust and soft power it craves, which explains the new $100 billion Asian Infrastructure Investment Bank it has sponsored. But as long as analysts don’t feel the Chinese government’s pronouncements are genuinely reliable, skepticism about the yuan will only grow.”
Tags: AIIB, Beijing, Government, Money, Reliable, Skepticism, Soft power, Trust, Yuan
Institutional Investor (April 15)
2015/ 04/ 17 by jd in Global News
“As a demonstration of China’s growing economic and political clout, few things rival the launch of the Asian Infrastructure Investment bank, Beijing’s challenge to the U.S.-dominated international financial order…. In the end, only Japan among major economies sided with Washington in shunning the AIIB.”
