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View all search resultsCaught in a trade war with the US and European Union that threatens to derail a fragile export-led recovery, Chinese has emphasized ties with Southeast Asia, which last year overtook the EU to become the $19 trillion economy's top export market.
The Asian Infrastructure Investment Bank (AIIB), a China-backed multilateral development bank, announced on Tuesday that it had approved a US$1 billion loan to help strengthen Indonesia’s health and economic responses to the COVID-19 crisis.
The Asian Infrastructure Investment Bank (AIIB), a China-backed multilateral development bank, is poised to allocate a total of US$1 billion in loans to help Indonesia in its COVID-19 response, according to the bank vice president.
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