New section. Development gathers the Herald's coverage of who actually finances the
Asia-Pacific's roads, ports, power grids and industrial policy — multilateral banks, bilateral lenders, and the
infrastructure projects that outlast any single election cycle.
Published
Development Finance
A Decade After Its Launch, Has China's AIIB Changed Development Finance?
Washington lobbied allies to skip it in 2015. It's now the World Bank's largest co-financing partner rather than the rival Washington feared.
Development Finance
The New Great Game of Development Finance
ADB, AIIB, the World Bank, JICA and Chinese state banks increasingly co-finance the same projects they compete over.
Infrastructure
The $100 Billion Road Across Asia
The Asian Highway Network is more than 92 percent up to minimum standard, with $43.8 billion still needed for priority sections and Myanmar and Afghanistan the hardest gaps to close.