Canada to Join China-led AIIB in Spite of US Pressure


Chinese Premier Li Keqiang (left) welcomes Canadian Prime Minister Justin Trudeau to the Great Hall of the People in Beijing on Wednesday. Photo: Reuters

Chinese Premier Li Keqiang (left) welcomes Canadian Prime Minister Justin Trudeau to the Great Hall of the People in Beijing on Wednesday. Photo: Reuters

SCMP says in its report “Canada to apply to join China-led AIIB, leaving Japan as sole US ally to remain non-member” on August 31, “Canada will apply to join the China-led Asian Infrastructure Investment Bank, leaving Japan the sole major US ally to remain a non-member of the new development bank.”

It quotes Canadian Finance Minister Bill Morneau as saying in a statement issued in Beijing on August 31, “Canada is always looking for ways to create hope and opportunity for our middle class as well as for people around the world. Membership in the AIIB is an opportunity to do just that”.

Source: SCMP “Canada to apply to join China-led AIIB, leaving Japan as sole US ally to remain non-member”, full text of which can be viewed at http://www.scmp.com/news/china/diplomacy-defence/article/2011688/china-agrees-keep-status-quo-canola-imports-canada

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