Canada to Join China-Led Bank, Signaling Readiness to Bolster Ties


dollar-burning

NY TIMES – Canada said on Wednesday that it had applied to join China’s version of the World Bank, breaking with previous leaders who had shared United States officials’ skepticism of the new Beijing-led lender. The move came during a five-day trip to China by the prime minister of Canada, Justin Trudeau, who is seeking to burnish trade, business and political ties with Beijing. China’s relationship with the previous Canadian government had been lukewarm.

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