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AMERICA SUPPORTED CHINA TO JOIN INTER-AMERICAN DEVELOPMENT BANK
Info-Prod Research (Middle East), April, 2007
According to fdi.gov.cn: Chinese and countries in Latin America are even closer. As reported by American Bloomberg News Agency, China has made another effort in joining IDB. On 19th, Henry Paulson, minister of American Department of Finance, addressed a speech on the annual meeting of IDB, indicating that they would support China to join this regional inter-government development financial institute with the largest scale across the world.
Mr. Paulson said: "We'll support China to be one of the members of IDB, which will strength the power of the bank and make it better reflecting the global economic status and be more representative." It was reported that Zhou Xiaochuan, the president of the Bank of China, led Chinese delegation attending the annual meeting of IDB, which was...
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