The China Development Bank is a development bank in the People's Republic of China, led by a cabinet minister at the Governor level, under the direct jurisdiction of the State Council. Read More
With a total of USD 968 million in loans in four months of 2022, India has emerged as Sri Lanka's largest bilateral lender, overtaking China in the process, a media report said. ...
Amidst a weakening economy, Pakistan Prime Minister Imran Khan has requested Chinese Premier Li Keqiang to further refinance an RMB 15 billion loan that was extended to the country three years ago for another three years on existing terms and conditi ...
He Xingxiang, a former member of the Communist Party Committee and vice president of China Development Bank, was arrested on corruption charges, according to China's Supreme procuratorate's report on February 13. ...
China's ambitious Belt and Road Initiative (BRI) has been greatly affected by the COVID-19 pandemic, with Beijing quietly scaling back the project, particularly in the emerging markets of Africa, due to banks being over-extended and loans not being r ...