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The former U.S. Secretary of the Treasury discusses the country's decision not to sign on during the creation of the Asian Infrastructure Investment Bank. Paulson tells CBS News' Jan Crawford whether he thinks that was a mistake.
China’s new Asian Infrastructure Investment Bank (AIIB) Now this is, a hell of a chess move. You don't hear a lot about China but when you do, boy they've been busy! with Russia building the BRICS Nations and now World Banking, this is huge. Eastern Imperialism against West. This will teach a lot of robs you can't have it all by stealing, going to learn to share, the new era. The new China-led bank is expected to challenge the Washington-based World Bank, so the US is increasing pressure on its allies not to join the institution. The US’ concern is that the new investment bank might not have high standards of governance and environmental and social safeguards. The new bank is expected to challenge the Western dominance of the US-led World Bank and IMF in global infrastructure projects...
How a top wall street investment bank conduct business in China
Aug. 2 (Bloomberg) -- Peter Wong, chief executive officer for the Asia-Pacific region for HSBC Holdings Plc, talks about the bank's financial results and business strategy. HSBC, the first British bank to report earnings for the first half, said profit rose to $9.22 billion from $6.76 billion a year earlier. Wong speaks in Hong Kong with Susan Li, Rishaad Salamat and Phillip Yin on Bloomberg Television's "Asia Edge." (Source: Bloomberg)
Look Inside My Book!: http://book.themoneygps.com ******************************************************************** My Free eBooks: FLUORIDE: http://fluoride.themoneygps.com GMO: http://gmo.themoneygps.com VACCINES: http://vaccines.themoneygps.com Join The Money GPS Insiders: http://themoneygps.com Tools You NEED to Prepare for the COLLAPSE: http://amazon.themoneygps.com ******************************************************************** Sources: "Asian Infrastructure Investment Bank - Wikipedia, the free encyclopedia" http://en.wikipedia.org/wiki/Asian_Infrastructure_Investment_Bank "Why everyone is joining the Asian Infrastructure Investment Bank - Agenda - The World Economic Forum" https://agenda.weforum.org/2015/03/why-everyone-is-joining-the-asian-infrastructure-invest...
The UK government considers membership of the China-led Asian Infrastructural Investment Bank (AIIB) of British national interest. However, the decision was given the cold shoulder by the US which sees the AIIB as rival to the Western financial system. FULL STORY: http://on.rt.com/s4v4b4 RT LIVE http://rt.com/on-air Subscribe to RT! http://www.youtube.com/subscription_center?add_user=RussiaToday Like us on Facebook http://www.facebook.com/RTnews Follow us on Twitter http://twitter.com/RT_com Follow us on Instagram http://instagram.com/rt Follow us on Google+ http://plus.google.com/+RT Listen to us on Soundcloud: https://soundcloud.com/rttv RT (Russia Today) is a global news network broadcasting from Moscow and Washington studios. RT is the first news channel to break the 1 billion YouT...
Mark Weisbrot of CEPR says the institutions of global governance, especially the ones that have actual power, have historically been controlled by the United States - this bank marks a departure from that trend. For more videos, go to: http://www.therealnews.com
Britain has applied to join a major multinational investment bank created by China triggering criticism from the United States. Officials in London say the move has been in line with Britain’s national interests. They say they don’t expect the decision to join the Asian Infrastructure Investment Bank, A-I-I-B, to damage ties with the US. Washington says London decided to join the A-I-I-B without any consultation. It also says the move shows Britain is increasingly accommodating to China. Meanwhile, Beijing has welcomed London’s decision to join the bank. The A-I-I-B, that will be launched in October, is seen as an emerging rival to powerful institutions like the World Bank and the Asian Development Bank. China and 20 other countries have so far joined the financial institution while the US...
Iran has just joined 34 other countries to become the newest member of the Asian Infrastructure Investment Bank. The new development bank, launched late last year by the People’s Republic of China, aims to provide multilateral financing for infrastructure projects in Asia. With its membership growing, the bank is seen by some as a rival to the western-led World Bank and a means for Beijing to flex its economic muscle. But, as Mil Arcega reports, Washington may be partly to blame for that. Originally published at - http://www.voanews.com/media/video/aiib-china-infrastructure-bank-world-bank-partner-or-rival/2714684.html
China and Europe trade well over €1bn every day, according to EC statistics. Haitong Bank – the product of the acquisition of Portugal's BESI by China's Haitong Securities – offers Europe and China a platform for even greater trade and investment. The bank's CEO, José Maria Ricciardi, explains why it has launched a New China Index, to track the transformation of China's economy from one dependent on manufacturing and heavy industry, to a more service-driven, technological one. He also highlights the key sectors that China is investing in overseas, including €21bn into Europe last year. And he suggests that the potential for Chinese capital renewing Europe's ageing infrastructure could be enormous. For a full transcript visit: http://www.worldfinance.com/videos/haitong-banks-new-china-inde...
Over the past couple weeks, large western countries led by the United Kingdom have rushed to join the China-run Asian Infrastructure Investment Bank. March 31st is the deadline for founding members and at least 35 countries, most of them in Asia, have joined. Germany, France, and Italy have followed Britain in saying that they would also join the bank. The eager European applicants have certainly annoyed the United States. Erin weighs in. Then, Erin is joined by Eswar Prasad – professor at Cornell University and senior fellow at the Brookings Institution. Eswar tells us how much the Chinese economy is slowing and explains why the US is against European countries joining AIIB. His overall view is that China can hit its 7.0% 2015 GDP growth target but the question is what kind of economic...
Feb.27 -- Juzhong Zhuang, deputy chief economist at the Asian Development Bank, discusses the report on Asia infrastructure investment, why they've had to double their forecast and his outlook for growth in the region. He speaks to Bloomberg's Shery Ahn on "Bloomberg Markets."
Originally published on 17 March, 2015 Sign up for a free trial of News Direct's animated news graphics at http://newsdirect.nma.com.tw/Reuters.aspx ------------------------------------------------------------------------------------------------ For story suggestions please contact email@example.com The Asian Infrastructure Investment Bank, an international financial institution proposed by China, is largely seen as China’s answer to the International Monetary Fund, the World Bank and the Japanese-dominated Asian Development Bank. The Asian Infrastructure Investment Bank’s 21 founding members officially recognized the bank in October 2014, and have raised US$50 billion so far in capital. The AIIB’s existing funds are dwarfed by those held in established banks such as the Internationa...
The Asian Infrastructure Investment Bank, an international financial institution proposed by China, is largely seen as China’s answer to the International Monetary Fund, the World Bank and the Japanese-dominated Asian Development Bank. The Asian Infrastructure Investment Bank’s 21 founding members officially recognized the bank in October 2014, and have raised US$50 billion so far in capital. The AIIB’s existing funds are dwarfed by those held in established banks such as the International Monetary Fund, the World Bank, and the Asian Development Bank. In fact, the AIIB’s current size is one-third that of the Asian Development Bank’s and has one-fifth the cash the IMF can draw on immediately. The new institution is seen as China’s answer to the other Western-dominated banks whose larges...
Many of America’s closest allies have chosen to become founding members of the China-led Asian Infrastructure Investment Bank, known as the AIIB. Connect: http://www.theTrumpet.com http://twitter.com/theTrumpet_com http://www.facebook.com/PhiladelphiaTrumpet http://plus.google.com/+Thetrumpet/posts Many of America’s closest allies have chosen to become founding members of the China-led Asian Infrastructure Investment Bank, known as the AIIB. The bank is expected to fund major energy, communications and transportation projects in Asia. Traditionally close American allies Japan and South Korea chose to join even after Washington’s requests that they boycott China’s invitation. And those weren’t the only ones. The United Kingdom, France and Germany also signed up despite U.S. protests...
China has launched a new international development bank to help re-balance the global economy. Speaking at the opening ceremony, President Xi Jinping said Asia’s financing needs for basic infrastructure are enormous, adding that the bank plans to invest in projects that are high quality and low cost. Within the first five years, the Asian Infrastructure Investment Bank is expected to lend between 10 and 15 billion dollars each year. Operations will begin in the second quarter of this year despite massive opposition from Washington. The US has been against the creation of the bank, because it would be a rival for the World Bank and would change Washington’s economic power in Asia. US allies, including Australia, Britain, Germany and Italy however, have agreed to join the Asian Infrastructu...
http://www.undergroundworldnews.com Japan signaled cautious approval of the China-led Asian Infrastructure Investment Bank (AIIB) on Friday and said for the first time that, if conditions were met, it could join the institution that the United States has warned against. Australian Treasurer Joe Hockey said there was "a lot of merit" in the bank and the Sydney Morning Herald newspaper reported that Canberra could formally decide to sign up when the full cabinet meets on Monday. Japan, Australia and the South Korea, all major U.S. allies, are the notable regional absentees from the AIIB. The United States, worried about China's growing diplomatic clout, has questioned whether the AIIB will have sufficient standards of governance and environmental and social safeguards. But after Britain...