The following is an excerpt. To view the full article please visit the link below.
Canada is considering joining China’s planned infrastructure bank, a move that would leave the U.S. and Japan as the only Group of Seven holdouts as they continue to question the institution’s governance and environmental safeguards.
China has given countries until March 31 to sign up as founding members of the Asian Infrastructure Investment Bank. The U.K., France, Germany and Italy said this month they would seek to join, creating unease among U.S. and Japanese officials.
“Canada is currently looking at the initiative,” David Barnabe, a Finance Department spokesman in Ottawa, said in an e-mailed statement. Chinese officials have only broadly outlined the...
* * *