Canada Ignores Washington’s Warnings, Joins China’s Asian Infrastructure Investment Bank

BN-PQ190_0831AI_P_20160831063919news56sf6sf65Canada is signing up for China’s new $100 billion Asian Infrastructure Investment Bank despite warnings from Washington about the massive institution’s financial and environmental standards. The move makes Canada the first North American country to join the Chinese-led organization that counts 57 countries and is seen as the Asian counterweight to the World Bank.