ADB focusing as know-how provider

Bank points to successful partnership with Hebei in reforming its energy policies

How can an international organization with limited resources stay relevant in a vast country awash with money, such as China? Asian Development Bank's experience might offer an answer to that question.

The Manila-based multilateral development bank, under President Takehiko Nakao's leadership, has crafted a strategy named "finance++": the first "plus" standing for "knowledge" and the second for "leverage".