Caixin
Jan 30, 2019 07:40 PM
ECONOMY

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

Jin Liqun, president of the Asian Infrastructure Investment Bank, said that the bank’s investing more in China will help it improve its asset quality. Photo: VCG
Jin Liqun, president of the Asian Infrastructure Investment Bank, said that the bank’s investing more in China will help it improve its asset quality. Photo: VCG

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.

loadingImg
Register to read this article for free.
Register
Share this article
Open WeChat and scan the QR code
GALLERY
Copyright © 2017 Caixin Global Limited. All Rights Reserved.