Economic Trends in Asia - New Financial Responses
UI’s Asia Programme arranged a seminar on the economic trends in Asia and the role of the Asian Infrastructure Investment Bank (AIIB). The AIIB was proposed by the government of China in 2013 due to the infrastructure funding gap in the Asia.
In 2010, it was estimated that the Asian region required USD 8 trillion to be invested in infrastructure over 10 years for the region to sustain high level of economic growth. How does the AIIB work differently from more established multilateral development banks?
Jin Liqun is a Chinese politician, banker, and professor. He is currently the President of the Asian Infrastructure Investment Bank (AIIB). He was formerly the Chairman of China International Capital Corporation, the Vice President of the Asian Development Bank, and the Vice Minister of Finance of the People's Republic of China.
Åsa Malmström Rognes is a researcher at the Department of Economic History at Uppsala University.
The seminar was moderated by Mats Karlsson, Director at UI.