The Chiang Mai Initiative Was a Regional Body

The Chiang Mai Initiative was a regional body

A) proposed by the Chinese as a kind of Asian Monetary Fund.
B) that was enthusiastically endorsed by East Asian governments.
C) proposed by the US but failed to attract support from China.
D) was rejected by the Japanese who were wary of American ambitions.
E) proposed by the Japanese as a kind of Asian Monetary Fund.