China-backed AIIB to lend $10-15 bln a year for first five years: president-designate
The president-elect of China`s new international development bank said he expects the institution to lend $10 billion-$15 billion a year for the first five or six years, and sought to allay concerns that the lender will be a tool of Beijing.
Dec 01, 2015, 15:22 PM IST