The International Monetary Fund Managing Director Kristalina Georgieva said Thursday that if the COVID-19 pandemic fades in the second half of the year, the multilateral lender's baseline assumption
SingaporeanPrimeMinisterLeeHsienLoongembarkedonafive-dayworkingvisittoChinaonSunday.InaninterviewbeforehisChinatripandattendanceatBoaoForumforAsia,Leesaidwhileg
China on Tuesday said it would be "good" if the United States could join the Asian Infrastructure Investment Bank (AIIB).
Details that have emerged of the operation and philosophy of the Asian Infrastructure Investment Bank (AIIB) show that it is meeting expectations to lead development cooperation as a new type of multilateral financial institution.
Since China put forward the proposal in 2013 that the Asian Infrastructrure Investment Bank be established, there have been speculation that AIIB will menace the existing roles of the Asian Development Bank and other international financial institutions. A prudent and cooperative approach, however, has proved to be an effective way for AIIB to achieve a solid footing on the regional and international arena.Multilateral banks can benefit by following trend of working with development partners
Chinese President Xi Jinping joined dozens of world leaders in Washington for the Nuclear Security Summit, a multilateral event offering countries a platform for dialogue on matters of global significance.
China on Monday voiced regret over the failure of World Trade Organization (WTO) members to finalize a deal on "trade facilitation," saying it would have a negative impact on the multilateral trade system and Doha Round talks.