Sunday, April 11, 2021
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Tag: World Bank

World Bank Doubles Growth Forecast for Chinese GDP in 2020

The World Bank has just lifted its forecast for Chinese GDP growth in 2020, as the economy continues to convalesce from the...

World Bank Reaffirms China’s Status as Developing Nation Despite Largest GDP in PPP Terms

A new report from the World Bank has reiterated China's status as a developing nation despite it being the biggest economy on...

China’s Voting Rights at World Bank Set to Rise After Capital Increase

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...

World Bank Cuts Lending to China at Trump Administration’s Behest

The World Bank will make adjustments to its lending protocols in order to reduce credit extended to China, as one of the conditions for...

World Bank Upgrades China’s 2017 GDP Estimate

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...

Trump Administration Objects to World Bank’s Level of Lending to China

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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Digital Renminbi Makes Its Debut on Renmin University Campus

Ongoing trials of China's Digital Renminbi have brought the central bank digital currency to one of the country's most prestigious tertiary institutions....

China’s Services Exports Surge over 20% since Start of 2021, Imports Plunge by More Than 18%

China has seen a sharp rise in its exports of services since the start of 2021, in tandem with a plunge in...

Liquidity to Come Under Modest Pressure in April Following Funds Contraction of 30 Billion Yuan in March

Liquidity in the Chinese finance system is expected to come under modest pressure in the month of April as a result of...

China Co-chairs G20 Sustainable Finance Study Group with United States

China will play a leading role in efforts by the G20 to develop solutions for the challenges faced by the global sustainable...