Canada’s deputy prime minister and finance minister has announced that the country is immediately ceasing all “government-led activity” at the China-helmed Asian Infrastructure Investment Bank.
The revelation on Wednesday by Chrystia Freeland, Ottawa’s No 2 official, came just hours after the global lender’s senior public relations officer, a Canadian national, resigned amid allegations on social media that key positions at the bank were held by “Communist Party hacks” and that the “Western publics” were not being “served by their membership in AIIB”.
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