国产热热热精品,亚洲视频久久】日韩,三级婷婷在线久久,99人妻精品视频,精品九热人人肉肉在线,AV东京热一区二区,91po在线视频观看,久久激情宗合,青青草黄色手机视频

Business / Policy Watch

AIIB to explore cooperation to finance investment projects

By ZHENG YANGPENG (China Daily) Updated: 2016-05-09 08:07

AIIB to explore cooperation to finance investment projects
CAI MENG/CHINA DAILY

Editor's Note: Since China put forward the proposal in 2013 that the Asian Infrastructrure Investment Bank be established, there have been speculation that AIIB will menace the existing roles of the Asian Development Bank and other international financial institutions. A prudent and cooperative approach, however, has proved to be an effective way for AIIB to achieve a solid footing on the regional and international arena.

Multilateral banks can benefit by following trend of working with development partners

For a new financial institution, no asset can be more valuable than prudence and professionalism, just as the Asian Infrastructure Investment Bank is trying to showcase.

AIIB's choice of its first batch of investment projects represented an intention to work together with, rather than to challenge, the world's existing system of multilateral development banks.

AIIB's announcement of a cofinancing project with the Asian Development Bank, a motorway in Pakistan, at first sight might offer perfect vindication of the long-held suspicion that the China-led multilateral development bank is serving as a convenient instrument for Beijing's diplomatic priorities and its "One Belt, One Road" initiative: Pakistan is a strong ally of China and the two sides are implementing a $46 billion "economic corridor" vision.

However, a closer look suggests otherwise. The Pakistan project is just one of a series of projects expected to be cofinanced by AIIB and ADB. As ADB President Takehiko Nakao said, it pops up among a flurry of projects "by chance".

In fact, the Pakistan project initially appeared on ADB's list. To accommodate AIIB, ADB revised its project's terms to allow AIIB to participate: Under its guidelines, AIIB can only fund projects open to companies from all countries, while ADB restricts participation to bidders from its member nations.

The $300 million project is still led by ADB, which will administer it on behalf of the other co-financiers: AIIB and the UK Department for International Development.

AIIB to explore cooperation to finance investment projects
CAI MENG/CHINA DAILY

Previous Page 1 2 Next Page

Hot Topics

Editor's Picks
...
白沙| 扬州市| 泰和县| 那坡县| 陆丰市| 凌云县| 邹平县| 青田县| 武邑县| 宁陕县| 新丰县| 微山县| 巴林右旗| 霍邱县| 秦皇岛市| 东乡族自治县| 铁岭县| 宽城| 湖南省| 建昌县| 云南省| 尉氏县| 金平| 黄梅县| 桦南县| 黎平县| 常熟市| 佛坪县| 石台县| 易门县| 信丰县| 贵阳市| 黎城县| 佛山市| 白水县| 伊金霍洛旗| 米易县| 香港 | 寿光市| 正定县| 潢川县|