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The Latest Breaking News from AIIB

If US attempts World Bank retreat, the China-led AIIB could be poised to step in – and provide a model of global cooperation

Donald Trump’s animosity toward multilateralism and international organizations is well known. Just hours after taking office on Jan 20, 2025, the U.S. president announced his intention to withdraw from the World Health Organization and the Paris agreement on climate change.

The Conversation

Kerala Solid Waste Management Project set to get off the ground next week

Kerala to shift from decentralised to hybrid waste mgmt approach, ₹2400 cr KSWMP to start next week. Project to cover 6 Corp & 87 muni, ₹800 cr for regional facilities, dust bins to return, modern waste collection vehicles, 70% funds from WB & AIIB, 30% from State.

The Hindu

David Cameron’s appointment to investment fund ‘part engineered by China’

The hiring of former PM and Treasury chief was to lend credibility to broader Beijing brand, intelligence watchdog told

The Guardian - UK

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China-based development bank rejects claims of CCP control

Asian Infrastructure Investment Bank says internal review shows lender follows ‘highest standards’ of governance.

Al Jazeera

Canada freezes ties with AIIB after ‘communist dominance’ claims

The move over the AIIB comes amid a continued fraying of ties between Ottawa and Beijing.

Al Jazeera

Canadian quits Chinese-founded development bank, complains 'Communist Party hacks' dominate it

A Canadian public relations manager for a Chinese-founded development bank has announced his resignation in a statement that accused it of being dominated by “Communist Party hacks” and said Canada’s interests weren’t served by being a member

The Independent UK

Tracking the impact of U.S.-China tensions on global financial institutions

NPR's Steve Inskeep asks the president of a China-led development bank about the impact of the friction between the U.S. and China.

WEKU

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World Bank, AIIB to help Alappuzha manage solid waste

Institutions to extend ₹30-crore aid to municipality

The Hindu

Govt kickstarts USD300 million solid waste management project

World Bank, AIIB to provide assistance

The Hindu

China-backed Bank Halts Lending to Russia, Belarus

The China-backed Asian Infrastructure Investment Bank said it will suspend business related to Russia and Belarus in a sign of the two countries' deepening pariah status over the war in Ukraine. In a statement issued Thursday, the AIIB said that "in the best interests of the bank, management has decided…

Asharq Al-Awsat

China-led development bank halts business in Russia, Belarus

Move is latest sign of the limits of Beijing’s support for Moscow as it faces sanctions and censure over war in Ukraine.

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