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Asian Development Bank ups its clout

With a simple trick, the Asian Development Bank will greatly increase its financial firepower. Is there a catch? Is the move a reaction to competition by China’s new development bank, asks Andreas Becker in Frankfurt....

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Asian Infrastructure Investment Bank (AIIB) – Hurdles and the potential

At the recent Asian-African Summit held in Indonesia, Indonesian President Joko Widodo said that those who still insisted that only the World Bank, the International Monetary Fund and the Asian Development Bank can solve global...