25-06-2025
China's Lan Laments Decline of Aid in Speech to Development Bank
China's Finance Minister Lan Fo'an warned emerging countries are running short of money to spend on cross-border infrastructure, in remarks at a meeting of a multilateral lender based in Beijing.
'World economic growth is slowing down, international development aid funds are declining, and developing countries are generally facing a funding gap for cross-border connectivity investment due to limited public resources,' Lan said Wednesday.
