ADB Backs China's Urban Development Projects

The Asian Development Bank has approved a USD100 million loan to boost the

in the Chinese province of Shanxi. The loan will finance the improvement of infrastructure, environment and municipal services.

About the author

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    Ivy Mungcal

    As former senior staff writer, Ivy Mungcal contributed to several Devex publications. Her focus is on breaking news, and in particular on global aid reform and trends in the United States, Europe, the Caribbean, and the Americas. Before joining Devex in 2009, Ivy produced specialized content for U.S. and U.K.-based business websites.