‘What’s the Name of the Plane? The People’s Republic of China’
The first high-profile departure from China’s Asian Infrastructure Investment Bank says it is dominated by CCP operatives and Beijing’s foreign-policy objectives.
On June 14, Bob Pickard set off a bombshell in the international finance and geopolitics worlds by publicly stepping down from his role as director-general of communications for the Asian Infrastructure Investment Bank (AIIB). The bank, spearheaded by China and headquartered in Beijing, was created in 2015 as an alternative to institutions such as the World Bank and the International Monetary Fund, which Beijing claimed were too dominated by the United States and other Western powers.
Rishi Iyengar is a reporter at Foreign Policy. Twitter: @Iyengarish
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