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Thursday, July 17, 2014

BRICS bank will reduce Western dominance: China media

BRICS bank will reduce Western dominance: China media
Shanghai (AFP) July 16, 2014 - Chinese media on Wednesday hailed the creation of the BRICS development bank, to be based in Shanghai, blaming Western countries and multilateral agencies for flaws in the global financial system. At a summit in Brazil, the BRICS group of emerging economic powers - which also includes Russia, India, China and South Africa - on Tuesday created the New Development Bank to finance infrastruct ... morehttp://www.terradaily.com/reports/BRICS_bank_will_reduce_Western_dominance_China_media_999.html

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