How China is upsetting the old global economic order
With its huge new infrastructure bank and its ambitions for a globalized renminbi currency, China is leading the upending of a 70-year-old global order built on American economic power.
Apr 19, 2015, 07:23 AM IST
New bank to enhance international finance system: China
China's proposed infrastructure bank for Asia is intended to complement and not replace existing lenders dominated by the US and Japan, a senior Chinese official said yesterday.
Apr 19, 2015, 02:03 AM IST