OTTAWA—The federal government will “immediately halt” all activity with the Asian Infrastructure Investment Bank as it reviews allegations the Beijing-based international institution — which has …
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New World Bank Chief Vows to Steer Clear of US-China Rivalry
The newly appointed president of the World Bank said he doesn’t view China as a rival for the development lender and pledged to avoid getting dragged into competition between Washington and Beijing.
Canada halting all government-led activity with China-led Asian Infrastructure Investment Bank
Canada is immediately halting all government-led activity with the China-led Asian Infrastructure Investment Bank (AIIB), Finance Minister Chrystia Freeland told reporters Wednesday.
China’s finance ministry issues 12 bln yuan of treasury bonds in Hong Kong
China Ministry of Finance issued yuan-denominated treasury bonds worth 12 billion yuan about 168 billion US dollars in the Hon …
China-Backed Infrastructure Bank Executive Criticizes Bank After Quitting
The Canadian communications chief of the AIIB accused the bank’s management of being “dominated by the Communist Party,” allegations the bank called baseless.
China-led AIIB’s communications chief quits, criticises bank’s management
The global communications director of the China-led Asian Infrastructure Investment Bank (AIIB) said on Wednesday he had resigned and criticised the bank as “dominated by the Communist Party”, …
Canadian PR manager resigns from Chinese-founded development bank, accusing it of Communist Party influence
A Canadian public relations manager employed by a Chinese-founded development bank has resigned, accusing the institution of being controlled by “Communist Party hacks.” …
Canada freezes ties with China-led AIIB, probes allegations of Communist domination
Canada is freezing ties with the China-led Asian Infrastructure Investment Bank (AIIB) while it probes allegations it is dominated by the Chinese Communist Party, Finance Minister Chrystia Freeland …
China prepares boost for economy as foreign investors turn hostile
Western companies continue to “de-risk” their supply chains by shifting sourcing away from China. Bunzl, the British distributor of products that range from plastic spoons to PPE, said yesterday it …
U.S. billionaire Bill Gates says he arrives Beijing – tweet
BEIJING, June 14 (Reuters) – Bill Gates, Microsoft Corp’s co-founder, said in a Twitter post on Wednesday he has arrived in Beijing. “I’ve just landed in Beijing for the first time since 2019, where I…
Canadian quits Chinese-founded development bank, complains ‘Communist Party hacks’ dominate it
A Canadian public relations manager for a Chinese-founded development bank has announced his resignation in a statement that accused it of being dominated by “Communist Party hacks” and said Canada’s …
Blinken heading to China for high-stakes meeting amid tensions with Beijing
Secretary of State Antony Blinken will travel to Beijing this week to meet with Chinese officials to discuss the importance of maintaining open lines of communication that the Biden administration …
China-led AIIB’s comms chief quits, criticises bank’s management
The global communications director of the China-led Asian Infrastructure Investment Bank (AIIB) said on Wednesday he had resigned and criticised the bank as “dominated by the Communist Party”, …
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