ADB annual meeting begins to foster inclusive growth as AIIB looms

Finance chiefs gathered Thursday in Yokohama near Tokyo for the Asian Development Bank's annual meeting to promote regional cooperation amid concerns about protectionism and to discuss ways to achieve sustainable and inclusive economic growth.Behind the 50th annual gathering of the ADB's board of governors and related events through Sunday looms the existence of a Chinese-led infrastructure investment bank whose clout is growing amid the need for huge infrastructure financing to support future growth in the Asia-Pacific region.Delegates from the ADB's 67 member countries and regions are tas…READ FULL ARTICLE