East & Partners

ADB throwing billions into Middle Kingdom

(China) – The Asian Development Bank (ADB) is providing US$3.5 billion in loans to China over the next 3 years.Primarily supporting China’s country infrastructure construction, environmental protection, poverty alleviation and the development of its western regions, the package parallels the country’s economic reforms.

A total of US$11.3 billion in ADB funding has found its way to China since the start of funding support began.

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