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World Bank To Phase Out Lending To China By 2031
The World Bank will phase out its lending to China by 2031, according to the organization's new country partnership framework, a source familiar with the matter told AFP on Tuesday.
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China Hesitates On Bailing Out "Sinking Ships" Sri Lanka, Pakistan
Over the past few years, the U.S. has accused China of using "debt diplomacy" to make developing nations across the world more dependent on Beijing.
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"Not True": IMF Chief Denies Pro-China Pressure On World Bank Report
International Monetary Fund chief Kristalina Georgieva denied allegations that she pressured World Bank staff to alter data to favor China during her time as World Bank CEO, as the IMF's executive board launched a formal review of the matter.
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Ease-Of-Doing-Business Index Updated: India Holds Its Place, China Drops
The World Bank corrected two recent reports ranking nations by ease of doing business, adjusting the scores for China and three other countries based on an internal audit following staffers' allegations of "undue pressure" by management to alter ratings.
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US Senators Propose Bill To Clamp Down On World Bank Lending To China
Three top Republican senators have tabled a legislation in the US Senate to prevent World Bank from lending to China on projects that would be used against religious and ethnic minorities.
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World Bank Cuts Not Related To Alleged Uighur Rights Violation: China
China said Tuesday that a World Bank decision to scale back a vocational education project was unrelated to allegations of mistreatment of minority Muslim Uighurs in the northwestern Xinjiang region.
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Three Major Nations Absent as China Launches World Bank Rival in Asia
Australia, Indonesia and South Korea skipped the launch of a China-backed Asian infrastructure bank on Friday as the United States said it had concerns about the new rival to Western-dominated multilateral lenders.
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World Bank To Phase Out Lending To China By 2031
The World Bank will phase out its lending to China by 2031, according to the organization's new country partnership framework, a source familiar with the matter told AFP on Tuesday.
-
China Hesitates On Bailing Out "Sinking Ships" Sri Lanka, Pakistan
Over the past few years, the U.S. has accused China of using "debt diplomacy" to make developing nations across the world more dependent on Beijing.
-
"Not True": IMF Chief Denies Pro-China Pressure On World Bank Report
International Monetary Fund chief Kristalina Georgieva denied allegations that she pressured World Bank staff to alter data to favor China during her time as World Bank CEO, as the IMF's executive board launched a formal review of the matter.
-
Ease-Of-Doing-Business Index Updated: India Holds Its Place, China Drops
The World Bank corrected two recent reports ranking nations by ease of doing business, adjusting the scores for China and three other countries based on an internal audit following staffers' allegations of "undue pressure" by management to alter ratings.
-
US Senators Propose Bill To Clamp Down On World Bank Lending To China
Three top Republican senators have tabled a legislation in the US Senate to prevent World Bank from lending to China on projects that would be used against religious and ethnic minorities.
-
World Bank Cuts Not Related To Alleged Uighur Rights Violation: China
China said Tuesday that a World Bank decision to scale back a vocational education project was unrelated to allegations of mistreatment of minority Muslim Uighurs in the northwestern Xinjiang region.
-
Three Major Nations Absent as China Launches World Bank Rival in Asia
Australia, Indonesia and South Korea skipped the launch of a China-backed Asian infrastructure bank on Friday as the United States said it had concerns about the new rival to Western-dominated multilateral lenders.
