Editorial: Financing Asia's infrastructure is a team sport

Half a century has passed since the Asian Development Bank was established under the primary leadership of Japan and the U.S. The Manila-based multilateral development bank held its 50th annual meeting on May 4-7 in Yokohama.

Hopes are high that the Asia-Pacific region will continue to serve as a global economic growth center, and the ADB's role in making this happen is a big one. It is also imperative that the China-sponsored Asian Infrastructure Investment Bank becomes a true multilateral development bank. We want to see both the ADB and the AIIB contribute more than ever to developing infrastructure and reducing poverty in the region by joining hands with private financial institutions.