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Forming AIIB is a 'step in the right direction': PM Lee

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PM Lee with other Asian and African leaders in Jakarta on Wednesday for the Asia-Africa Summit, to commemorate the 60th anniversary of the historic 1955 gathering of Asian and African leaders in Bandung which gave rise to the Non-Aligned Movement.

Jakarta

THE proposed Asian Infrastructure Investment Bank (AIIB), of which China is the chief architect, is a "step in the right direction" as the search for a new global economic order continues, says Prime Minister Lee Hsien Loong.

Speaking to the Singapore media here on...

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