China’s New Development Bank Is a Wake-Up Call for Washington
Harvard Business Review
APRIL 20, 2015
Here is a brief synopsis of what we missed: Under Chinese stewardship, a new and potentially disruptive player in the development banking landscape, the Asian Infrastructure Investment Bank (AIIB), which was initially proposed in 2013 by President Xi Jingping, gathered steam. billion of subscribed capital) or the Asian Development Bank ($162.8
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