Canada freezes ties with Beijing-based development bank over claim of Communist Party control

Canada freezes ties with Beijing-based development bank over claim of Communist Party control

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Canada is suspending ties with a Beijing-based multinational lender — billed as Asia’s answer to the World Bank — pending a review of claims that the Chinese Communist Party has infiltrated the institution. The allegations were made by Bob Pickard, a Canadian citizen who resigned as global head of…

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