ADB president: China-led bank potential partner, not rival
The president of the Asian Development Bank says a proposed Chinese-led regional bank is a potential partner instead of a rival and the ADB is talking with Beijing to share its experience.
Takehiko Nakao's comments came after Washington softened its opposition to the Chinese-proposed Asian Infrastructure Investment Bank and suggested it work together with existing entities such as the Manila-based ADB and the World Bank. ...
Joe Mcdonald
http://www.sfchronicle.com/business/article/ADB-president-China-led-bank-potential-partner-6154049.php
