UPDATE: July 03, 2023, 10:25 AM IST
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The Canadian government has announced that it will stop… MoreThe Government of Canada has announced that it will stop its work in the China-led Asian Infrastructure Investment Bank (AIIB). The dramatic move comes after allegations surfaced that the Chinese Communist Party has substantially interfered in the organisation’s work. India’s voting power at the AIIB is second only to China and the country has been a major beneficiary of the bank’s loans.