The China-backed Asian Infrastructure Investment Bank has grown to 102 member countries since it started operation four years ago. Photo: XinhuaThe China-backed Asian Infrastructure Investment Bank has grown to 102 member countries since it started operation four years ago. Photo: Xinhua
The China-backed Asian Infrastructure Investment Bank has grown to 102 member countries since it started operation four years ago. Photo: Xinhua

China-backed Asian Infrastructure Investment Bank won’t create ‘debt trap’ for borrowers, chief says

  • President Jin Liqun says the bank’s lending will help to cut the debt burden of borrowing countries, with membership having grown to 102 in four years
  • He also pledges transparency in bank operations and special efforts to address climate change by boosting green lending to support ‘low carbon’ development
Topic |   China economy
The China-backed Asian Infrastructure Investment Bank has grown to 102 member countries since it started operation four years ago. Photo: XinhuaThe China-backed Asian Infrastructure Investment Bank has grown to 102 member countries since it started operation four years ago. Photo: Xinhua
The China-backed Asian Infrastructure Investment Bank has grown to 102 member countries since it started operation four years ago. Photo: Xinhua
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