ADB ready to work with new China-led bank, says president
Manila (AFP) Nov 26, 2014 - The head of the Asian Development Bank said Wednesday he is ready to work with China on a new infrastructure investment bank proposed by Beijing, despite fears it could undermine his institution. The Manila-based ADB is too large and established to be threatened by the proposed lender, Takehiko Nakao told a foreign correspondents' forum in the Philippines. "If the AIIB (Asian Infrastruct ... more
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