AIIB Chief Says Investing in More Chinese Projects Would Improve Asset Quality

The head of the Asian Infrastructure Investment Bank (AIIB) said it could lend more money to China’s infrastructure projects to help improve its asset quality because they are less risky than those in other developing countries.

AIIB President Jin Liqun’s words come as rising debt levels in some developing Asian countries have added concerns that the global economy would worsen further amid widespread headwinds.