SUBSCRIBERS
AIIB to fund more projects as regional influence grows
Published Mon, Jun 19, 2017 · 09:50 PM
Beijing
THE Asian Infrastructure Investment Bank (AIIB) pledged to embark on more projects as the sole lender, as it boosts its membership and manages an investment pipeline of up to US$7 billion.
The fledgling development bank, now in its second year, has already taken on projects by itself and it will do more, AIIB president Jin Liqun said on Saturday in Jeju, South Korea, following the institution's second annual conference.
KEYWORDS IN THIS ARTICLE
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
International
ECB set scene for June rate cut at last meeting, account shows
Japan closely monitoring weak yen, PM Kishida says, in fresh warning from Tokyo
Biden’s plan to hit China with more tariffs is mostly symbolic
Sterling rises after UK economy beats expectations and exits recession
China’s car exports hit record high in April, as domestic sales fall
UK exits recession with fastest growth in nearly three years