AIIB expanding finance for growth, green development

The Asian Infrastructure Investment Bank is finding creative ways to finance the net-zero transition of developing economies, a crucial task against the headwinds of climate change and their rising debt levels, the chief economist of the multilateral bank said.

China Daily talked with Erik Berglof, chief economist of the AIIB, on what developing economies should do to strengthen economic resilience, push for green development, address the challenges of high debt levels and respond to the impact of global monetary tightening.