Abe Touts Streamlined Loans as China's AIIB Gets Set to Lend

  • Japan aims to cut loan approval time by as much as half
  • ADB and Japan to make $110 billion of loans in next 5 years

Japanese Prime Minister Shinzo Abe speaks during the second day of the ASEAN Business & Investment Summit in Kuala Lumpur, Malaysia on Nov. 21.

Photographer: /Getty Images

Prime Minister Shinzo Abe is beefing up Japan’s role as a provider of infrastructure and finance in Asia just as the Chinese-backed Asian Infrastructure Investment Bank prepares to make its first loans.

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