Apr 13, 2015

China rejects Taiwan's bid to become AIIB founding member

Taiwan is not able to become a founding member of the Beijing-led Asian Infrastructure Investment Bank but is still welcome to become an ordinary member in the future, the Chinese government said on Monday. In a statement carried by the official Xinhua news agency, ...

Mar 21, 2015

Switzerland, Luxembourg both plan to join China-led development bank

Switzerland and Luxembourg are planning to join the Beijing-backed Asian Infrastructure Investment Bank, China’s Finance Ministry said, the latest European nations to sign up to the multilateral lender which has drawn skepticism from the United States. Britain, France, Germany and Italy have already announced ...

Top finance official eyed for ADB slot

Mar 7, 2013

Top finance official eyed for ADB slot

The government will field leading financial official Takehiko Nakao as a candidate to replace current Asian Development Bank chief Haruhiko Kuroda, who has been nominated to be the new governor of the Bank of Japan, sources said Wednesday. Finance Minister Taro Aso is expected ...