China Development Bank: high expectations, low figures

China Development Bank is a Chinese state-owned development bank established in 1994 and led by a cabinet minister at the Governor level, under the direct jurisdiction of the State Council. Since the beginning of the 2000s, China Development Bank has been interested in the Romanian banking market and has analyzed the possibility of opening a branch in Romania. especially since the Chinese bank prefers to grant long-term loans and especially for infrastructure projects. China Development Bank in Romania Then, in 2013, Romania’s ambassador to Beijing at the time, Doru Costea, said the Chinese bank could open a branch in Bucharest.