President Xi Jinping (left) and Indian Prime Minister Narendra Modi at the BRICS summit in Xiamen, Fujian province, in September 2017. Photo: EPA
President Xi Jinping (left) and Indian Prime Minister Narendra Modi at the BRICS summit in Xiamen, Fujian province, in September 2017. Photo: EPA

How India became China-led development bank’s main borrower

Almost 28 per cent of the money lent by AIIB in first two years of operation has gone to projects in India

President Xi Jinping (left) and Indian Prime Minister Narendra Modi at the BRICS summit in Xiamen, Fujian province, in September 2017. Photo: EPA
President Xi Jinping (left) and Indian Prime Minister Narendra Modi at the BRICS summit in Xiamen, Fujian province, in September 2017. Photo: EPA
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