Chinese Finance Minister Lou Jiwei (left) gives a speech for guests at the signing ceremony of the Asian Infrastructure Investment Bank in Beijing. Photo: AFP Chinese Finance Minister Lou Jiwei (left) gives a speech for guests at the signing ceremony of the Asian Infrastructure Investment Bank in Beijing. Photo: AFP
Chinese Finance Minister Lou Jiwei (left) gives a speech for guests at the signing ceremony of the Asian Infrastructure Investment Bank in Beijing. Photo: AFP
Jake Van Der Kamp
Opinion

Opinion

Jake's View by Jake Van Der Kamp

New Asia bank part of China's agenda

Infrastructure lender a political move to boost Beijing's recognition and strengthen yuan

Chinese Finance Minister Lou Jiwei (left) gives a speech for guests at the signing ceremony of the Asian Infrastructure Investment Bank in Beijing. Photo: AFP Chinese Finance Minister Lou Jiwei (left) gives a speech for guests at the signing ceremony of the Asian Infrastructure Investment Bank in Beijing. Photo: AFP
Chinese Finance Minister Lou Jiwei (left) gives a speech for guests at the signing ceremony of the Asian Infrastructure Investment Bank in Beijing. Photo: AFP
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Jake Van Der Kamp

Jake Van Der Kamp

Jake van der Kamp is a native of the Netherlands, a Canadian citizen, and a longtime Hong Kong resident. He started as a South China Morning Post business reporter in 1978, soon made a career change to investment analyst and returned to the newspaper in 1998 as a financial columnist.