The logo of Asian Infrastructure Investment Bank is seen at its headquarters in Beijing. Photo: Reuters
China-backed AIIB offers vaccine loans to help partners tackle Covid-19 as it expects pandemic to linger
- The AIIB, which began operations in 2016 and has 103 members worldwide, has provided vaccine loans to the Philippines and Indonesia
- ‘Covid-19 is an intractable viral disease; it’s unlikely to be wiped out in the foreseeable future,’ AIIB president Jin Liqun says
The logo of Asian Infrastructure Investment Bank is seen at its headquarters in Beijing. Photo: Reuters