Allegations of Chinese Communist Party infiltration in AIIB

1 min read
Source: Financial Times
TL;DR Summary

The Chinese Communist Party has been accused of infiltrating the Asian Infrastructure Investment Bank (AIIB), a multilateral development bank founded by China in 2015. The accusations come from a report by the Australian Strategic Policy Institute, which claims that the AIIB has been used to promote China's strategic interests and that the bank's governance structure is heavily influenced by the Chinese Communist Party. The AIIB has denied the allegations.

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