Asian development bank

China’s BRI Bailouts Draw Mixed Reception

Several reports published over the past two weeks shine a light on China’s lending practices abroad, in the context of an ongoing international debt crisis along parts of the BRI. The reports trace the evolution of BRI loans and...

Pratap Bhanu Mehta: The Dragon’s Rumble

From The India Express: Despite the commitment of Manmohan Singh and President Hu Jintao to keep the India-China relationship on track, there is a widespread acknowledgment in both countries that the relationship is becoming...

Editorial Comment: Ambush At ADB

From the India Times: China has sought to scuttle the Asian Development Bank’s (ADB) disbursal of development funds to India amounting to $2.9 billion. India requires $60 million specifically for a watershed development...

Asian Displeasure at Russia’s Move on Georgia: Opinion

The International Herald Tribune reports that Russia is not getting the help it has grown to expect from its Asian neighbors — China top among them — over the recent conflict with former Soviet satellite Georgia: The...

ADB Provides $100 mln Loan to Improve China’s Railway System – Xinhua

From Xinhua: The Asian Development Bank (ADB) is providing a 100 million U.S. dollars loan to help develop an efficient and effective emergency management system for China’s railway system. The Railway Safety Enhancement Project will also receive 40 million dollars from the Ministry of Railways to complete the funding requirement, ADB said in a statement […]

Wealth Gap ‘Spreads Across Asia’ – BBC News

From BBC News: The gap between rich and poor has widened sharply in China and many other Asian countries as their economies have boomed, research has suggested. The Asian Development Bank (ADB) found that relative inequality had widened more substantially in China than any other Asian country except for Nepal . Other countries with rising […]

China growth forecasts rise again – BBC

From BBC News: The Chinese economy is likely to grow even faster than previously thought this year, according to the Asian Development Bank (ADB). The body has upped its forecast for China’s growth rate to 10.4%, from its previous prediction of 9.5%. China’s growth shows no sign of slowing down despite government efforts to cool […]

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