The BRICS New Development Bank and China
One of the major multilateral development finance institutions in this world.” Russian President Vladimir Putin commented on the New Development Bank to reporters. The formation of the BRICS (Brazil, Russia, India, China, South Africa) New Development Bank on July 15, 2014 spawned widespread speculation on the future of the world economy. The stated goals of the New Bank are to provide money for infrastructure and … Continue reading The BRICS New Development Bank and China