AIIB president Jin Liqun, pictured with Hong Kong Chief Executive Carrie Lam, said in 2016 that the bank was interested in the special administrative region’s potential as a partner. Photo: ISD

Luxembourg to be first nation outside Asia to host annual meeting of China-backed Asian Infrastructure Investment Bank

  • AIIB vice-president says no decision yet on role for Hong Kong in lender’s operations
Topic |   Asian Infrastructure Investment Bank

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AIIB president Jin Liqun, pictured with Hong Kong Chief Executive Carrie Lam, said in 2016 that the bank was interested in the special administrative region’s potential as a partner. Photo: ISD
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The Asian Infrastructure Investment Bank has invested US$8 billion in 40 projects in 16 countries, most of them in Asia, since its inception in January 2016. Photo: Reuters

China-backed infrastructure bank AIIB to start local currency financing amid trade war, forex concerns

  • Infrastructure bank to pilot local currency financing in India rupee, Indonesian rupiah, says vice-president
Topic |   Asian Infrastructure Investment Bank

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The Asian Infrastructure Investment Bank has invested US$8 billion in 40 projects in 16 countries, most of them in Asia, since its inception in January 2016. Photo: Reuters
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