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New Development Bank

New Development Bank
The latest news and top stories on New Development Bank. A prominent Shanghai, China-based international financial institution, the New Development Bank (NDB) was established by the BRICS states to mobilise resources for infrastructure and sustainable development projects in emerging economies and developing countries. Its main areas of focus include clean energy, transport, water, environmental protection and digital and social infrastructure. The NDB, with regional offices globally, is recognised for its role in financing crucial development initiatives and complementing existing financial institutions.
Banking & finance

From banking to AI, these are the major economic bodies based in China

Amid what China sees as US’ polarising unilateral measures, a push for ‘global governance’ gives rise to a network of multi-country agencies.

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Opinion | How Hong Kong can distinguish itself as a climate finance hub

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Opinion | China is supporting multilateralism one institution at a time

With a new organisation to promote mediation, among other global bodies, China is signalling its enthusiasm to get more involved in world governance.

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