SUBSCRIBERS
Japan, China in race to finance building of Asia's infrastructure
Abe's new funding bid competes directly with what China's Asia Infrastructure Investment Bank will do
Add BT as a preferred sourcePublished Mon, May 25, 2015 · 09:50 PM
DeeperDive is a beta AI feature. Refer to full articles for the facts.
Tokyo
SOMETHING approaching "infrastructure wars" have broken out between Japan and China.
This arises from the intense competition between the two countries to provide for Asia's infrastructure financing needs: Japan is the leading shareholder in the Manila-based Asian Development Bank (ADB) and China is leading the new Beijing-based Asia Infrastructure Investment Bank (AIIB).
Copyright SPH Media. All rights reserved.
