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CHINA LAUNCING A 
WORLD BANK RIVAL
Introduction 
 China has launched World Bank competitor 
 The news has been in hype for past few days 
 The news is that the launch was missed by three main countries of World
 These three countries are: 
 Indonesia 
 Australia 
 South Korea
 Apart from these countries, China major rival Japan was also not present 
at the launch 
 Japan is the biggest rival of China and so it was not even anticipated by 
the Chinese that Japan will be part of this launch 
 Know more about this happening by following the link at the end of 
presentation
Resources 
 http://in.reuters.com/article/2014/10/24/china-aiib-idINKCN0ID09520141024

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China Launcing a World Bank Rival