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Senior Liberal MP urges Trudeau cabinet to wake up and smell the roses on China

The Globe and Mail Bookmark Please log in to listen to this story. Also available in French and Mandarin. Log In Create Free Account Getting audio file . This translation has been automatically generated and has not been verified for accuracy. Full Disclaimer Sean Kilpatrick/The Canadian Press The Liberal chair of the Commons finance committee says a budget recommendation calling on Ottawa to pull out of the Beijing-backed Asian Infrastructure Investment Bank should serve as a “wake up and smell the roses” moment for Canada. Liberal MP Wayne Easter, who also served as solicitor-general under Jean Chrétien in charge of Canada’s security agencies, told The Globe and Mail Tuesday that Canada needs to recognize the serious threat China poses to western democracies. He also criticized the fact that universities are still conducting research projects with Chinese telecommunications giant Huawei Technologies Co. Ltd.

Asia Financial Center & AIIB Headquarters / gmp + THAD

© CreatAR Images Text description provided by the architects. Asian Infrastructure Investment Bank, AIIB, is the first multilateral development bank with head office in China. This financial institution, with its 103 member states, has now moved into its new head office at a prominent location in Beijing. After winning the international competition in September 2015, the architects gmp von Gerkan, Marg and Partners, and their partner practice Architectural Design and Research Institute of Tsinghua University Co. Ltd. (THAD) have completed the 83-meter-high symmetrical building with its stacked meandering building volumes. It marks the end of the north-south axis through Beijing’s Olympic Park and is located in the direct vicinity of iconic buildings such as the National Stadium and the National Convention Center. All offices are grouped around a total of nine open courtyards that allow light into the building. Its center features a building-high atrium around which open spaces ar

Power Sustainable launches the Power Sustainable Energy Infrastructure Partnership, a $1B investment platform dedicated to the North American renewable energy sector

Power Sustainable launches the Power Sustainable Energy Infrastructure Partnership, a $1B investment platform dedicated to the North American renewable energy sector USA - English Share this article Operationally driven strategy with Potentia Renewables and Nautilus Solar Energy One of the key platforms for Power Sustainable s investment strategy MONTRÉAL, Jan. 19, 2021 /PRNewswire/ - Today, Power Sustainable Capital Inc. ( Power Sustainable ), a global multi-platform alternative asset manager focused on long-term investments in sustainable strategies, announced the launch of the Power Sustainable Energy Infrastructure Partnership ( the Partnership ), an investment platform with an initial $1B dedicated to the renewable energy sector, including a significant sponsorship commitment from Power Sustainable.

Pakistan s external public debt has grown by 6%, says new EAD report

Pakistan’s external public debt has grown by 6%, says new EAD report >Pakistan’s total external public debt stood at $77.9 billion as of June 30, 2020, compared to $73.4 billion a year ago, according to a new report released by the Ministry of Economic Affairs Division (EAD). Representing a surge of 6 percent over last year, the country’s current debt has largely been derived from taking loans on fixed interest rates. The Ministry released its annual report on foreign economic assistance (FY 2019-20) on Friday. It highlighted the 6 percent increase in external public debt over last year, and noted that 70 percent of the debt consists of loans on fixed interest rates and the remaining 30 percent has been derived from loans obtained on floating interest rates.

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