Canada suspends work with Asian infrastructure bank amid allegations of Chinese Communist Party control cdnpoli
The bank was launched in 2016, with Canada joining in 2018 and contributing US$995 million, according to the bank’s website. At today’s exchange rates that would be a contribution of US$1.35 billion. The bank is meant to invest in large infrastructure projects.Sign up to receive daily headline news from the Calgary Herald, a division of Postmedia Network Inc.By clicking on the sign up button you consent to receive the above newsletter from Postmedia Network Inc.
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