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China Expands Plans for World Bank Rival !

June 28, 2014 by mosesman
http://en.ria.ru/russia/20140520/189968566/Russia-China-Plan-to-Expand-Payments-in-National-Currencies.html
Click on image for article!
  • The assault by Russia and China on the global monetary hegemony of the west is coming fast and furious. Financial WW3 will lead to physical Satanic WW3. The IMF, World Bank, BIS … are privately owned central banks controlled by the Anglo-American western Illuminati. 2 opposing groups: the western Illuminati and the Russia/China Illuminati, are fighting for control of the coming Luciferian New World Order, Global Supra-National Central Bank, One World Currency backed by gold –> ‘666’!
    –
  • China expands plans for World Bank rival! 
    by Jamil Anderlini, Financial Times, 24 June 2014
    China is expanding plans to establish a global financial institution to rival the World Bank and the Asian Development Bank, which Beijing fears are too influenced by the US and its allies.
    –
    I
    n meetings with other countries, Beijing has proposed doubling the size of registered capital for the proposed bank to $100bn, according to two people familiar with the matter.
    –
    So far, 22 countries across the region, including several wealthy states in the Middle East, which China refers to as “West Asia”, have shown interest in the multilateral lender, which would be known as the Asian Infrastructure Investment Bank. It would initially focus on building a new version of the “silk road”, the ancient trade route that once connected Europe to China.
    –
    Most of the funding for the lender would come from China and be spent on infrastructure projects across the region, including a direct rail link from Beijing to Baghdad.
    –
    China’s push for a regional institution that it would control reflects Beijing’s frustration at western dominance of the multilateral bodies. Chinese leaders have demanded a greater say in institutions such as the World Bank, International Monetary Fund and Asian Development Bank for years but changes to reflect China’s increasing economic importance and power have been painfully slow.
    –
    “China feels it can’t get anything done in the World Bank or the IMF so it wants to set up its own World Bank that it can control itself,” said one person directly involved in discussions to establish the AIIB. “There is a lot of interest from across Asia but China is going to go ahead with this even if nobody else joins it.”
    –
    read more!

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