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John Power

RARE PHOTOS: China led development bank halts business in russia belarus - The Real Truth

United States China Russia Belarus Bank Beijing AIIB Moscow Ukraine
The China-backed Asian Infrastructure Investment Bank has halted all business in Russia and Belarus [File: Tingshu Wang/Reuters]

A China-led development bank has suspended all business with Russia and Belarus, a possible sign of the limits of Beijing’s support for Moscow as it faces sanctions and censure over its war in Ukraine.

The Asian Infrastructure Investment Bank (AIIB) said it put all activities related to the two countries on hold in light of “the evolving economic and financial situation”.

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