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US against China proposal to create a regional development bank for Asia

Monday, October 13th 2014 - 06:54 UTC
Full article 12 comments

For almost a year, China has been pitching an idea to its neighbors in Asia: a big, internationally funded bank that would offer quick financing for badly needed transportation, telecommunications and energy projects in underdeveloped countries across the region. Read full article

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  • Nostrum of NostrolL

    “The United States Treasury Department has criticized the bank as a deliberate effort to undercut the World Bank and the Asian Development Bank, international financial institutions established after World War II that are dominated by the United States ”

    Why would another financing option for countries “undercut” anything? Firstly, I thought these despicable Anglos were for capitalism, in which case they should welcome another competitor in the marketplace.

    Second, notice how the cupid Anglos are not concerned about the Asian nations, but about THEIR “banks” being undercut. I think that should be more than enough proof about how much they really care about Asia.

    IMF, World Bank, etc, etc, etc are USA imperialist tools that Argentina has rejected and more and more are rejecting. More evidence of the justified, well-due decline of that evil country.

    Oct 13th, 2014 - 01:55 pm - Link - Report abuse 0
  • Troy Tempest

    Is ARGENTINA also going to reject the “ Imperialist tool” of China?

    Oct 13th, 2014 - 05:31 pm - Link - Report abuse 0
  • Jack Bauer

    @1, 4n Trolley Nostril
    'despicable Anglos”............first of all, you big-footed pseudo dick-tionary, Anglo means English.....not American....
    Second, why is everyone who doesn't agree with your narrow views, have to be despicable ?? But you're right, I think Argentina should embrace China's 'tool'.....after all , only God knows how many Cristinita has already embraced while performing her duties ...

    Oct 13th, 2014 - 10:58 pm - Link - Report abuse 0
  • Nostrum of NostrolL

    Firstly, Anglo is English, and American, and South African, and Jamaican, and Irish, and Scottish, and Belizean, etc. In Argentina it is.

    Second, I take the view of the Anglos: anyone who doesn't agree with their worldview, is a cvnt, etc.

    Oct 14th, 2014 - 02:49 am - Link - Report abuse 0
  • Troy Tempest

    3 Aackk !!!

    Jack,

    You made jest of the wonderful Kristanita!!!

    Ooo, now you shall incur the wrath of Nostrils.., LOL !!!

    I think that really hit home with him - his beloved, Cristina, 'on her knees', not to world leaders, but to their Officeboys - visualise that, Nostrils!!

    Oct 14th, 2014 - 05:06 am - Link - Report abuse 0
  • aussiesunshinee

    Those big boys in the American Reserves are getting worried.The Rothschilds and company are hitting the panick button.They don´t take to kindly to this Chinese taking their money from them...just look what happened to Kennedy when he introduced Executive Order 11110........

    Oct 14th, 2014 - 12:22 pm - Link - Report abuse 0
  • Jack Bauer

    @4 Nosy Nostril
    Well if you can't tell the difference between Anglos and all those others, it's your problem......But I suppose you DO have the right to live in blissful ignorance.
    Take whatever view you want...it isn't going to change the facts.......and, the islands in the South Atlantic will carry on being the Falklands....

    Oct 14th, 2014 - 03:16 pm - Link - Report abuse 0
  • toooldtodieyoung

    “Washington also sees the bank as a political tool for China”

    NO!!! Really???

    Who would have thought that the Chinese would try to “buy” influence in the region by getting it's neighbours to sign up to / contribute to a banjk that it controls?

    Come on people!!! open your eyes!!

    Oct 14th, 2014 - 08:55 pm - Link - Report abuse 0
  • Anglotino

    “But if Washington persuades South Korea and Australia to abstain, it would all but ensure membership in the bank would be limited to smaller countries, depriving it of the prestige and respectability the Chinese seek.”

    Interesting that it might be Australia that gives it prestige and respectability.

    I think Australia will sign up because it is better to be in on the ground floor of institutions to shape them than outside looking in.

    Interesting that the announcement will probably be made by China at the APEC meeting in China. APEC was started by Australia back in the late 80s.

    Outward looking obviously works for Australia.

    Oct 16th, 2014 - 07:42 am - Link - Report abuse 0
  • Hepatia

    http://en.mercopress.com/2014/10/13/us-against-china-proposal-to-create-a-regional-development-bank-for-asia#comment359050: So, Australia, the perpetual puppet, is thinking of jumping ship.

    Oct 17th, 2014 - 12:52 am - Link - Report abuse 0
  • Troy Tempest

    10

    Hepatia is back.

    Is “USAF” back on the shelf, then?

    Oct 17th, 2014 - 03:49 am - Link - Report abuse 0
  • Jack Bauer

    Hippy, flush yourself and all your aliases down the toilet.

    Oct 18th, 2014 - 01:53 am - Link - Report abuse 0

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