The Asian Infrastructure Investment Bank (AIIB) is expected to have great investment finance support from new member Hong Kong, according to Luky Wuryanto, the Bank’s Vice President and Chief Administration Officer. Hong Kong will be an operational site for finance while the Belt and Road Initiative lies at the “heart of the mission” with the AIIB dedicated to infrastructure investment.
Sign Up for Our Newsletter
Get notified of our weekly selection of news
You May Also Like
Why China isn’t about to save Thailand’s economy yet
Analysts believe that while China’s reopening may help Thailand’s economy expand, it won’t be enough to return growth to pre-pandemic levels just soon.
- Olivier Languepin
- January 30, 2023
Thai Police probes into Chinese money laundering syndicate
More than 5 billion baht (US$113 million) have already been seized, including a plane, land, and three mansions, and the Chinese ownership of several mansions in prestigious Bangkok complexes is being looked into.
- Olivier Languepin
- December 13, 2022
How will China’s economic slowdown affect emerging markets?
A Chinese economic slowdown, particularly in the industrial sector, could pose challenges for emerging markets, especially those that export a significant amount of goods to China or who rely on Chinese manufacturing inputs.
- Oxford Business Group
- November 6, 2022