ArrowArtboardCreated with Sketch.Title ChevronTitle ChevronIcon FacebookIcon LinkedinIcon Mail ContactPath LayerIcon MailPositive ArrowIcon Print
International relations

ADB facing pressure to change

Unmet infrastructure needs revealing cracks in the system

RINTARO TOBITA and JUN ENDO, Nikkei staff writers | China

TOKYO -- As the Asian Development Bank finds its regional hegemony threatened by the China-backed Asian Infrastructure Investment Bank, members of the ADB are pushing for internal reform.

During the 50th annual meeting that ended Sunday in Yokohama, delegates took issue with the ADB in a number of areas. German representatives called for the bank to focus more on mobilizing private-sector funding. The Indian contingent said the country can no longer afford to take out loans that are excessive relative to its budget.

Sponsored Content

About Sponsored Content This content was commissioned by Nikkei's Global Business Bureau.

Nikkei Asian Review, now known as Nikkei Asia, will be the voice of the Asian Century.

Celebrate our next chapter
Free access for everyone - Sep. 30

Find out more