Germany sticks with China’s Asia Infrastructure Investment Bank ...News

The move signals divergence within the Group of Seven nations Berlin has announced plans to keep supporting the Asian Infrastructure Investment Bank (AIIB), a Chinese state-backed financial development lender. This comes in contrast to G7 partner Canada’s move to freeze ties with the institution over concerns about Beijing’s influence within it. The announcement was made shortly after a Sunday meeting between German Finance Minister Christian Lindner and Chinese Vice Premier He Lifeng in Frankfurt. In June, Lindner’s Canadian counterpart, Chrystia Freeland, said that Ottawa had decided to freeze all ties with the

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