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Studio interview: New Development Bank starts business in Shanghai

English.news.cn   2015-07-22 10:58:05

BEIJING, July 22 (Xinhuanet) -- For more, we're joined in the studio by our current affairs commentator, Victor Gao Zhikai.

Q1: The five BRICS nations account for more than a quarter of the world's land mass and nearly half its population. In what specific ways will the bank benefit those countries?

Q2: The initial subscribed capital is 50 billion dollars. And it's equally shared by the five BRICS countries for equal voting power. What's the purpose of the mechanism? Can you tell us more on how it functions in practice?

(Source: CNTV.cn)

Editor: xuxin
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Studio interview: New Development Bank starts business in Shanghai

English.news.cn 2015-07-22 10:58:05

BEIJING, July 22 (Xinhuanet) -- For more, we're joined in the studio by our current affairs commentator, Victor Gao Zhikai.

Q1: The five BRICS nations account for more than a quarter of the world's land mass and nearly half its population. In what specific ways will the bank benefit those countries?

Q2: The initial subscribed capital is 50 billion dollars. And it's equally shared by the five BRICS countries for equal voting power. What's the purpose of the mechanism? Can you tell us more on how it functions in practice?

(Source: CNTV.cn)

[Editor: xuxin]
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