The Asian Man's Burden? China worried about prospects of Europe
According to the FT, China's Investment Corporation is "very concerned" about threats of further instability in the Eurozone. Considering also China's big new role in aid to Africa, is it time to start wondering whether both World Bank and IMF should be moved to Beijing?
Not that I am willing to join the China-worship cult, but I DO love historical ironies that deflate pretensions of the White Man as Savior.