Fish farmer Liu Huaxin would like a loan to grow his business. The extra money would allow Liu to expand his production capacity as well as move into speciality fish products which could help to increase his profits and ultimately improve his standard of living. That is easier said than done in his home of [...]
China expressed “strong dissatisfaction” over the approval of an Asian Development Bank loan to India that it said involved a territorial dispute between the countries. The US$2.9 billion India Country Partnership strategy approved by the ADB includes a US$60 million watershed protection project in the disputed Arunachal Pradesh region, which lies east of Bhutan. China [...]
The Asian Development Bank (ADB) has launched a US$117 million pilot program to support funding for energy-efficiency projects in China. Under the plan, the ADB will extend partial credit guarantees for loans to build new energy-efficient buildings and to improve the energy efficiency of existing ones. Standard Chartered Bank will share project credit risks in [...]
