Posted inChina, India, Japan, Northeast Asia, South Asia, World

AIIB approves first loan to India

The Asia Infrastructure Investment Bank said in a statement on Wednesday that it has approved a US$160 million loan for a power project in India, reports Caixin. The investment will help fund a power distribution system as part of New Delhi’s Power for All program. “I am delighted that the AIIB is working closely with […]

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