China Pushes AIIB to Boost Cross-Border Projects

China’s Lan Laments Decline of Aid in Speech to Development Bank

China’s Finance Minister Lan Fo’an warned emerging countries are running short of money to spend on cross-border infrastructure, in remarks at a meeting of a multilateral lender based in Beijing.

China Pushes AIIB to Boost Cross-Border Projects

China Pushes AIIB to Boost Cross-Border Projects China's finance minister, Lan Foan, has urged the Asian Infrastructure Investment Bank (AIIB) to increase funding for cross-border connectivity projects in developing nations. Addressing the audience at the AIIB's annual meeting in Beijing, Foan emphasized the importance of such projects for economic growth and regional cooperation.Foan also highlighted the need for greater private sector particip…

China urges AIIB to step up cross-border development funding, says global aid drying up

China’s finance minister on Wednesday (Jun 25) urged the Asian Infrastructure Investment Bank (AIIB) to expand funding for cross-border connectivity projects in developing nations, citing a global decrease in international development funding.