China Development Bank

Development bank in the People's Republic of China

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May 2023 Another leadership transition occurs at China Development Bank with a new governor taking the role.
2020 China joined the G20-led Debt Service Suspension Initiative, with CDB not including its loans under the initiative.
October 2019 A new governor begins leadership of China Development Bank, succeeding Zheng Zhijie.
2018 CDB became the world's largest development bank, with total assets exceeding 16 trillion RMB.
September 2018 A new chairman of the board takes over at China Development Bank, succeeding Hu Huaibang.
2017 CDB provided RMB 130 billion to fund infrastructure and environmental upgrading in Xiong'an.
2015 China recapitalized CDB using foreign exchange reserves, empowering the bank to make significant foreign loans.
2014 CDB contributed to the China Integrated Circuit Industry Investment Fund, aiming to reduce China's reliance on foreign semiconductor companies.
April 2013 Hu Huaibang becomes chairman of the board of China Development Bank, replacing Chen Yuan.
October 2012 Zheng Zhijie begins his governorship of China Development Bank.
November 2011 Zheng Zhijie takes over as governor of China Development Bank, replacing Jiang Chaoliang.
2010 CDB provided $30 billion in financing to Chinese solar power manufacturers, supporting the country's renewable energy sector.

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