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China backed international bank sparks US outrage

The institution will directly compete with the America-backed World Bank and the IMF. It will provide loans for infrastructure projects - some of which would be unlikely to get support elsewhere.

by Equedia
1 minute read
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China backed international bank sparks US outrage

China backed international bank sparks US outrage

The institution will directly compete with the America-backed World Bank and the IMF. It will provide loans for infrastructure projects – some of which would be unlikely to get support elsewhere.

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