China urges AIIB to step up cross-border development funding

Finance Minister Lan Foan says global aid is drying up

20250625 AIIB

The Asian Infrastructure Investment Bank (AIIB) is headquartered in Beijing. © Reuters

BEIJING (Reuters) -- China's finance minister on Wednesday urged the Asian Infrastructure Investment Bank (AIIB) to expand funding for cross-border connectivity projects in developing nations, citing a global decrease in international development funding.

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