The Canadian communications chief of the AIIB accused the bank’s management of being “dominated by the Communist Party,” allegations the bank called baseless.
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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”, …
China’s Credit Growth Slows in May; More Interest Rate Cuts Are Likely, Economists Say
China’s credit expanded at a slower clip in May than a year ago as new yuan-denominated loans tumbled and broad money supply growth slowed, prompting the country’s central bank to slash interest rates …
Bank of China assists AIIB’s panda bond issuance
The funds raised from the bond issuance will be used to support sustainable infrastructure development. This is the second time that the BOC has assisted the AIIB in issuing such bonds in China this …
The 31st PT EXPO China Forum Ends in Beijing
On June 6, 2023, the 31st China International Information and Communication Exhibition, also known as PT EXPO CHINA, organized by the Ministry of Industry and Information Technology and hosted by …
China May new bank loans rise to 1.36 trln yuan, but miss forecasts
China’s new bank lending rose to 1.36 trillion yuan ($190.18 billion) in May, central bank data showed on Tuesday, up from April but missed analysts’ expectations. Economists polled by Reuters had …
