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© Copyright 2016 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.China-led development bank approves first loans
By JOE McDONALD BEIJING©2024 GPlusMedia Inc.
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wtfjapan
the AIIB is good news, it give governments and extra institution to lend from. offering lower rates and better conditions. Just look at the recent Asian rail contracts between China/Japan, extra competition is good even for the top of the financial pyramid.