AIIB, international banks welcome addition to Asia infrastructure effort: Kuroda

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The Japan Times

YOKOHAMA – Bank of Japan Gov. Haruhiko Kuroda said Tuesday various international entities, including a newly created Chinese-led investment bank, are a welcome addition to infrastructure building in Asia amid the region’s robust demand.

Speaking in Yokohama, Kuroda said it is “good” that the Chinese-led Asian Infrastructure Investment Bank, which is often cast as a rival to the Japanese- and U.S.-led regional development bank, has attracted many members from Asia and beyond.

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