This is the first time that 4 allies of America & Nato nations, have taken the courage to defy it. This is a big blow for US. Japan & US are the only 2 countries objecting & finding faults in both AIIB, & BRICS bank, because these two are the "thekadars" of ADB & WB respectively.
Re: Blow to America
by biswanath roy on Mar 17, 2015 08:54 PM
It appears that even the closest allies of US are now defying it. Barack is now left with Shinzo Abe & Modi.
This is the first time that 4 allies of America & Nato nations, have taken the courage to defy it. This is a big blow for US. Japan & US are the only 2 countries objecting & finding faults in both AIIB, & BRICS bank, because these two are the "thekadars" of ADB & WB respectively.
AIIB is a bank which will be dominated by China, & our PM is not in the habit of playing second fiddle. Moreover this bank\'s formation is a step of defying America & Japan, who control the WB & ADB. It is reliably learnt that India is being offered the Chairmanship of ADB, maybe to dissuade India to join AIIB, if this is true then we should decline membership of AIIB, & remain in solidarity with our friends US & Japan.
