Chinese Economy Update: World Bank to Cut Off Lending to China By 2031 Under New CPF Agreement - Here’s What We Know
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Chinese Economy Update: World Bank to Cut Off Lending to China By 2031 Under New CPF Agreement - Here’s What We Know
0 Beijing: Did you know that China receives financial aid from the World Bank despite being the second biggest economy in the world and Asia’s biggest? But that’s all set to change as the financial agency announced its plan to phase out lending to the East Asian country by 2031. Chinese Economy Upd»»»
World Bank confirms plan to phase out China lending by 2031 as partnership shifts to knowledge sharing
WASHINGTON, July 24 — The World Bank on Thursday confirmed that it plans to phase out its lending to China by 2031, according to the organisation’s new country partnership framework (CPF) for the world’s second-largest economy. AFP first reported that the multilateral lender would be making the mov»»»
World Bank confirms plan to phase out China lending by 2031
WASHINGTON, United States, July 24, 2026 (BSS/AFP) - The World Bank on Thursday confirmed that it plans to phase out its lending to China by 2031, according to the organization's new country partnership framework (CPF) for the world's second-largest economy. AFP first reported that the multilateral»»»
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