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Editor's Insight: China's soft power wins backers for World Bank rival

The UK and Australia are the latest to reject US opposition to a new global development fund.

Mon, 16 Mar 2015

Listen to more in-depth analysis from Nevil Gibson on NBR Radio

Two major hurdles have fallen in China’s ambitious plan to set up a rival to the World Bank and the International Monetary Fund (IMF).

The UK and Australia have both pledged their support, rejecting a US-led campaign to oppose the

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Editor's Insight: China's soft power wins backers for World Bank rival
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