Philippines to join China-backed AIIB Manila, December 30 The Philippines said today it will join the China-backed Asian Infrastructure Investment Bank (AIIB), despite being engaged in a dispute with Beijing over its claims in the South China Sea. Viewed by some as a rival to the... 31 Dec, 2015
AIIB formally established, to be up and running early next year Beijing, December 25 The China-backed Asian Infrastructure Investment Bank (AIIB) has been formally established and is expected to be operational early next year, the official Xinhua news agency said today. The bank’s establishment came after... 26 Dec, 2015
Exclusive Q&A with Chinese President Xi Jinping Chinese President Xi Jinping arrives in Britain on Monday for a state visit at the invitation of Queen Elizabeth II, the first state visit to the United Kingdom by a Chinese leader since 2005. In advance of the trip, President Xi conducted a... Women 18 Oct, 2015
Saving infrastructure As multilateral development banks gear up to fill the serious gaps in infrastructure in Asia and elsewhere, attention also focuses on safeguards used to deflect potential spillover damages to communities, habitats and livelihoods from these... 07 Oct, 2015
Taiwan furious over China's new entry card Taipei, September 23 A new electronic entry card for Taiwanese visitors to China has sparked protests and a political backlash despite Beijing touting the move as a way to make travel easier. China introduced the card on Monday after announcing... Women 24 Sep, 2015
Over 20 countries on �waiting list� to join AIIB: China Singapore, September 19 More than 20 countries are waiting to join the China-initiated Asian Infrastructure Investment Bank (AIIB), its designated president said today as he allayed concerns it was aimed to challenge US and Japanese influence in the... 20 Sep, 2015
AIIB to offer loans with fewer hassles Beijing, September 2 China’s new international development bank will offer loans with fewer strings attached than the World Bank, sources said, as Beijing seeks to change unwritten rules of global development finance. The Asian Infrastructure... 03 Sep, 2015
BRICS bank launched, to work with AIIB Shanghai, July 21 Officials from the world’s largest emerging nations launched the New Development Bank (NDB) today, the second of two new policy banks heavily backed by Beijing that are being pitched as alternatives to existing institutions such... 22 Jul, 2015
WB chief says no Chinese pressure on pulled report BEIJING, July 17 World Bank (WB) President Jim Yong Kim denied ton Friday that his organisation had been pressured by China to remove criticism of the country’s financial system from a report. Early this month, the Washington-based... 18 Jul, 2015
Nepal acquires stake in China-led AIIB KATHMANDU, June 29 Nepal has acquired 809 units of shares, 0.081 per cent stake, in the Asian Infrastructure Investment Bank (AIIB) to become the founding member of the new China-led multilateral development bank. The value of each of these... 30 Jun, 2015
Nepal among 50 nations to put initials on AIIB charter Nepal will invest Rs 1.6 billion (around USD 16 million) in Asian Infrastructure Investment Bank AIIB's authorised capital will be USD 100 billion KATHMANDU: Nepal, among 50 nations, on Monday put initials on the Articles of Agreements... 29 Jun, 2015
China-backed AIIB to take concrete shape at founders meeting SHANGHAI/BEIJING: One of China's biggest ever foreign policy successes will take concrete shape on Monday when delegates from 57 countries sign an agreement on the Asian Infrastructure Investment Bank (AIIB) in Beijing. The founding members of... 28 Jun, 2015