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China-backed Asian Infrastructure Investment Bank To Finance Projects Worth Us$4 Billion This Year | South China Morning Post

by scmp.com posted 2months ago 241 views
The Beijing-backed Asian Infrastructure Investment Bank (AIIB) will maintain a prudent approach as it finances more projects, its president said on Monday. The AIIB aims to finance projects worth about US$4 billion this year, about 20 per cent more than the US$3.3 billion it financed in 2018. “We expect to do more this year and beyond but I am not into rushing. I want to move forward on the basis of prudence and the basis of a meticulous feasibility study,” Jin Liqun said. “...

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