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Uttarakhand Tragedy: US Condoles Deaths Of Flood Victims, Wishes For Speedy Recovery Of Injured About 26 bodies have been recovered and 171 people still missing as multiple agencies worked at rescuing over 30 workers feared trapped in an underground tunnel PTI photo Outlook Web Bureau 2021-02-09T08:39:19+05:30 Uttarakhand Tragedy: US Condoles Deaths Of Flood Victims, Wishes For Speedy Recovery Of Injured outlookindia.com 2021-02-09T08:41:33+05:30 Also read The US on Tuesday condoled the loss of innocent lives after a glacier burst in India's Uttarakhand state, c...

Pacific island nations turn to Beijing-backed AIIB as COVID-19 sinks economies Toggle share menu Advertisement The Asian Infrastructure Investment Bank headquarters in Beijing, China. (File photo: REUTERS/Tingshu Wang) 25 Jan 2021 09:42AM Share this content Bookmark SYDNEY: Pacific island nations are turning to China-led agencies to plug funding gaps in their pandemic-ravaged budgets after exhausting financing options from traditional Western partners, stoking fears the region is becoming more dependent on Beijing. The Cook Islands, a tiny country of around 20,...

The Asian Infrastructure Investment Bank is marking its fifth anniversary. Facts speak louder than words, and by all accounts, the Beijing-based multilateral development bank has been doing quite well.

The Indian government was quick to clamp down on Chinese companies and impose restrictions following the bloody stand-off at the border last year. But a few months after the incident, Chinese companies are still winning contracts for many sensitive projects in the country. This has raised questions over the governments ‘tough stance on China.

Bank’s total lending in 2021 to be similar to last year’s