A U.S.\u002DChina trade war has morphed into an ideological fight dividing the global economy with international banks in the middle. Read on.
Finance Minister Chrystia Freeland in Washington, D.C., in April.The world has changed drastically since then, with Donald Trump’s administration starting athat morphed into a wider ideological fight that is starting to bifurcate the global economy. And international financial institutions are getting caught in the middle.
Chinese citizens make up about 35 per cent of the bank’s total staff, the AIIB told Bloomberg. The bank was, however, struggling to recruit overseas candidates as people were increasingly reluctant to move to China, according to a current AIIB staff member, who asked not to be identified because they were not authorized to speak publicly.
“I wouldn’t even know who is a member of a Communist Party,” he added. The AIIB did not reply to request for comment on its ability to recruit overseas candidates. Despite that, the AIIB had gone to “great lengths” since its founding to establish itself as a multilateral institution free from undue influence from the Chinese government, added Segal, a former U.S .Treasury official and IMF economist.
France Dernières Nouvelles, France Actualités
Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.
Western Canada: Alberta only province to not share FOI data, according to Secret Canada projectUnlike every other jurisdiction in Canada, all 22 ministries in Alberta denied The Globe’s FOI requests, claiming “no records” existed – even though the province has a tracking system
Lire la suite »
Secret Canada: The ‘blackhole’ of Canada’s immigration systemAs Canada’s immigration cases pile up, so do access-to-information requests about them
Lire la suite »
Ottawa launching review of Canada’s membership in China-led development bankCanadian staffer of Asian Infrastructure Investment Bank resigned Wednesday, saying bank dominated by Beijing’s Communist Party
Lire la suite »
Canada halting all government-led activity with China-led Asian Infrastructure Investment Bank | CBC NewsCanada 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 said on Wednesday.
Lire la suite »
Evening Update: Ottawa to review Canada’s membership in China-led development bankAlso: Poilievre calls for Mendicino’s resignation after he said he was “shocked” by the transfer of Paul Bernardo to a medium-security prison
Lire la suite »
Asian Infrastructure Bank says it has 'nothing to hide' as Canada probes China's influenceAsian Infrastructure Investment Bank said it welcomed an investigation by Canada into allegations it faces interference from China. Read on.
Lire la suite »