The Traderszone Network

Published in TZ Latest News 2 April, 2015 by The TZ Newswire Staff

ADB plans to co-finance projects with China’s lenders: China Daily

The Asian Development Bank (ADB) plans to work with China’s lenders to co-finance Asian projects outside China, ADB vice-president Stephen Groff was quoted on Friday as saying. ADB has signed a memorandum of understanding with the China Development Bank (CDB) and Export-Import Bank of China to “look for opportunities outside China,” the China Daily newspaper reported from its interview with Groff.