Contribution of China to the world through critical initiatives is astonishing. The AIIB was initiated for the primary purpose of Asian infrastructure financing. Since the negotiations, AIIB has been competent to convince many countries to be founding participants. This kind of success has not...

John J. McCloy, President of the International Bank for Reconstruction and Development, spoke about the prospects for success by the European Recovery Program and the role of Bank in it. He commented on the world leadership role of the United States. He reviewed the five loans the Bank has made...

John J. McCloy, President of the International Bank for Reconstruction and Development, spoke about the elusive matter of international economic recovery. He reviewed the policy environment for the European Recovery Program (Marshall Plan), economic integration, and international trade...