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Germany backs China’s aid bank despite Canada’s concerns (www.politico.eu)
submitted 11 months ago by yogthos@lemmygrad.ml to c/worldnews@lemmygrad.ml
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[-] ennemi@hexbear.net 11 points 11 months ago

The backing comes at a crucial time as Lindner's Canadian counterpart, Chrystia Freeland, announced in June that all ties with the bank were to be frozen pending a government review over claims made by a former Canadian top executive at the bank, who reported widespread "communist dominance" within the institution since its foundation in 2016 — allegations that the AIIB denies.

You mean the investment fund that was literally founded by the Chinese government because China had less voting rights in the existing "Asian Development Bank" than the fucking United States of America? The one they have minority voting rights in?

The full depth of this reasoning is just "China bad", that's it. That's the quality of our public officials. This country is a fucking joke.

[-] showmustgo@hexbear.net 11 points 11 months ago

Communist dominance

michael-laugh

That would be the sole excuse CF could drum up.

[-] Blursty@lemmygrad.ml 8 points 11 months ago

Why would anyone give a shit what Canada thinks?

[-] yogthos@lemmygrad.ml 5 points 11 months ago

Excellent question, I think the notable part here is that we're seeing growing divisions in the west. Ultimately, it's going to be suicidal for Europe to follow US policy on China and we're now seeing even Germany breaking with the decoupling policy.

[-] Blursty@lemmygrad.ml 4 points 11 months ago

Europe's leaders have already surrendered and bowed to American diktats on several occasions, I don't see them stopping. Nord Stream, damaging sanctions, everything Ukraine. I have no faith that they're going to change tack, though I want to believe.

[-] yogthos@lemmygrad.ml 3 points 11 months ago

The current governments have very much exposed themselves as US sock puppets, but it does look like there's a wave of backlash building against them now. We already saw them get kicked out in Slovakia, and I expect the trend to continue. Unfortunately, it looks like right wingers will be the ones who get in power as a result.

[-] Blursty@lemmygrad.ml 3 points 11 months ago

Here's hoping! 🤞

this post was submitted on 02 Oct 2023
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