China unlikely to challenge Japan's sway in Asian Development Bank

In Asian Development Bank's 47-year history, all eight presidents of the multilateral lender have been the nominees of Japan, one of the largest shareholders of the bank. And it might be no different this time when the voting ends at the end of the month - to the disappointment of those hoping Beijing would enter the contest this time.

via Business feed http://www.scmp.com/business/banking-finance/article/1207246/china-unlikely-challenge-japans-sway-asian-development-bank