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03 May
11:05

Asian banks join forces for infrastructure push

The China-led Asian Infrastructure Investment Bank (AIIB) has signed a memorandum of understanding with the Asian Development Bank (ADB) which could see the rival development banks join forces on a number of projects. Asian infrastructure investment is set to be a growth sector for steel demand in the coming years, Kallanish notes. AIIB president Jin Liqun said he looked forward to deepening the collaboration of the two banks as they “… seek to addr…
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