Japan calls on Asian Development Bank to reduce loans to China

Business May 4, 2019

Japan calls on Asian Development Bank to reduce loans to China

Finance Minister Taro Aso called on the Asian Development Bank on Saturday to scale back easy money to countries like China that have developed to the point of no longer needing financial aid. "ADB should hold substantive discussions on a concrete path toward graduation while ...

China-led AIIB head Jin sees opportunities for cooperation with ADB

Business May 12, 2017

China-led AIIB head Jin sees opportunities for cooperation with ADB

The new China-led Asian Infrastructure Investment Bank is not competing with the long-established Asian Development Bank backed by Japan and the United States, the Beijing-based bank's leader said Thursday. Instead, the two complement each other and enjoy "very good cooperation," the Beijing-based bank's leader Jin ...

Business May 8, 2017

BOJ chief Kuroda jokes that former job at ADB was more exciting

Haruhiko Kuroda joked that his previous role running the Asian Development Bank was more exciting than the assignment he's taken on as governor of the Bank of Japan. Kuroda, who's spearheaded massive monetary stimulus in Japan for more than four years but still faces an ...