AIIB & NDB 2021 lending indicates closer financial partnering between Beijing and Delhi

14.06.2021

Two Beijing developed multilateral banks have been making significant loans in the year to date, with a great deal of financing for both Covid-related and development projects. The Asian Infrastructure Investment Bank (AIIB) which China instigated back in 2013, and now holds a 26.1% equity stake in, together with the BRICS partnered New...