Asian Development Bank & China

Asian Development Bank: The Asian Development Bank is supporting Pakistan's inaugural Panda Bond issuance, providing crucial backing for the country's entry into the Chinese onshore bond market.

China: China is the host nation for the Panda Bond issuance, providing Pakistan access to its capital market and contributing to the internationalization of the China — Renminbi. This strengthens economic cooperation between China and Pakistan.

Asian Development Bank: The Asian Development Bank is listed as one of Bangladesh's largest lenders, providing context for China's financial role.

China: China expressed support for Bangladesh's new government, offering investment, Belt and Road Initiative cooperation, and backing for the Teesta River project, expanding its influence in South Asia.

Asian Development Bank: Asian Development Bank warned that prolonged disruptions from the Middle East war could choke growth and spur inflation in Asia and the Pacific region.

China: China is seen as a stabilizing power and a major external partner for the ASEAN, holding important cards as a supplier of energy-related inputs and raw materials. However, its claims in the South China Sea remain a point of contention.

Asian Development Bank: The Asian Development Bank has lifted its 2025 forecast for India to 7.2%, reflecting confidence in India's economic performance.