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The new asian bank AIIB

Popularity 2Viewed 751 times 2015-4-14 07:43 |Personal category:the test of the bank|System category:News

I read with interest about the new  bank  the Chinese generated  bank that will provide funds for Asian development.
A  brilliant idea  and lets hope it is not like the american led  world bank that could  be considered "Politically Motivated"
in some ways.   I guess the AIIB will learn from the world banks track record that whilst politics is there and it will always
be a factor, the new bank must act according to it"s charter and not be "sidetracked" by political motivation.  Unfortunately 
the USA has not deterred  countries like the UK Germany and Australia from joining the AIIB, and that is a credit to their
resolve and  political independence.    I think it is a great idea  and the Chinese are innovators of the modern world for 
this  "banking invention".  The first test of the AIIB is  the question of Taiwan's  request to join the bank.  I sit on the
sideline now and await  what happens?  Will the umpire/referee   stop Taiwan's  bid to  join the bank?  or will politics
be put aside in this case.  This it the  AIIB banks first  real  test of its honesty and administratively correct decisions rather
then political decisions.   Lets wait and see?   from phantomguy  who says what he thinks

(Opinions of the writer in this blog don't represent those of China Daily.)


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