broadsword
Brigadier
SK is joining the chorus...could they make the jump as well?
Bet on it. It itself is located in Asia.
SK is joining the chorus...could they make the jump as well?
Bet on it. It itself is located in Asia.
it is almost a brilliant move, to court Britain when all spotlight was on Pacific's big three. secret diplomacy is almost certainly to have been involved in persuading Britain, as it is hard to imagine the US to have just stood by and watched Beijing undertake this scheme. I would like to see some revelation about this episode to surface in the future.Australia is rethinking their previous stance on the AIIB, was UK only the first of three dominoes (UK, Australia, SK)?
Treasurer Joe Hockey told reporters in Sydney on Friday the government is reconsidering its position in the light of UK and NZ support.
"Quite obviously China has improved the governance structure it is proposing for the Asian Infrastructure Investment Bank," Mr Hockey said.
"So much so that New Zealand has now signed the MOU (memorandum of understanding), as has the UK.
"This is something that will obviously be taken into account by the government over the next few weeks as we continue our dialogue with those people behind the bank."
China can build an Aluminium plant for a 1/3rd of the cost of competitors in the west.
Bad call on China aluminium industry hits Western
...
Money talks, b.s. walks.Not surprising it just takes one for the dominos to start falling. I'm sure Beijing now sports the same grin as the US when they managed to steer every economy of note away from the AIIB. The media likes to over analyze what something means in a negative way when something goes against China. Fill in the blanks at what this means.
very clever.Money talks, b.s. walks.
George Osborne, the UK finance minister, is proud that he has achieved for London to become the first place to have a RMB clearing house outside Asia. He also wanted UK to be a founding member of AIIB. Without those achievements London might soon have lost its position of major financial centre in the World. So why was Washington looking at SK and Australia and not at London?