Former Treasury minister Danny Alexander is poised to move to Beijing in a hotly contested carve-up of senior posts at China’s new Asian Infrastructure Investment Bank.
Germany has fared better than Britain in the initial distribution of jobs at the AIIB, in spite of the fact that George Osborne, chancellor, took a big political gamble by giving his backing to the project at an early stage.
But Sir Danny, the former Liberal Democrat Treasury chief secretary, is expected to be named as one of five Beijing-based resident vice-presidents of the bank: China’s version of the Washington-based World Bank.
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