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World Bank
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World Bank
Economy
World Bank Doubles Growth Forecast for Chinese GDP in 2020
CBNEditor
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October 1, 2020
0
The World Bank has just lifted its forecast for Chinese GDP growth in 2020, as the economy continues to convalesce from the...
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Economy
World Bank Reaffirms China’s Status as Developing Nation Despite Largest GDP in PPP Terms
CBNEditor
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May 20, 2020
0
A new report from the World Bank has reiterated China's status as a developing nation despite it being the biggest economy on...
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Economy
China’s Voting Rights at World Bank Set to Rise After Capital Increase
CBNEditor
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April 23, 2018
0
China will become the World Bank's third most influential member following the international financial institution's latest capital increase. The World Bank announced on 12 April...
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Economy
World Bank Cuts Lending to China at Trump Administration’s Behest
CBNEditor
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April 18, 2018
0
The World Bank will make adjustments to its lending protocols in order to reduce credit extended to China, as one of the conditions for...
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Economy
World Bank Upgrades China’s 2017 GDP Estimate
CBNEditor
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December 19, 2017
0
The World Bank has raised its forecast for China's GDP growth in 2017, claiming that ongoing efforts to contain financial risk have done little...
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Banking
Trump Administration Objects to World Bank’s Level of Lending to China
CBNEditor
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October 13, 2017
0
The US government is refusing to provide the World Bank with a capital increase unless it re-considers its lending practices with respect to its...
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Most Read
Chinese Central Bank Hails Eradication of P2P Lending, “Orderly Disposal” of High-risk Financial Institutions
Fintech
CBNEditor
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January 18, 2021
0
The People's Bank of China (PBOC) has highlighted the removal of all of the country's P2P lending platforms in 2020 as part...
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NDRC Flags Active Fiscal Policy, Increased Spending on New Infrastructure in 2021
Economy
CBNEditor
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January 18, 2021
0
China's chief planning authority has outlined a raft of its policy intentions for 2021, as the national economy continues to recover from...
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China’s GDP Breaches 100 Trillion Yuan Threshold after Posting 2.3% Growth in 2020, Disposable Income up 4.7%
Economy
CBNEditor
-
January 18, 2021
0
Official data points to growth of over 2% in Chinese GDP in 2020 despite the adverse economic impacts of the COVID-19 pandemic....
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China Bans Banks from Selling Depository Products via Third Party Online Platforms
Fintech
CBNEditor
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January 18, 2021
0
Beijing has issued a new directive which further steps up pressure on the sale of depository products via online fintech platforms, after...
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