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World Bank
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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 Helps Crack Cross-border Gambling Case Involving Tether Stablecoin
Fintech
CBNEditor
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October 21, 2020
0
The People's Bank of China (PBOC) has just helped local authorities in the Guangdong province city of Huizhou to crack a cross-border...
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Chinese Central Bank’s Digital Currency Research Institute Enters Strategic Cooperation with China’s Rural Credit Clearing Centre
Fintech
CBNEditor
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October 21, 2020
0
The Digital Currency Research Institute of the People's Bank of China (PBOC) has entered a strategic cooperative agreement with the Rural Credit...
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Chinese Housing Prices Enter the “10,000 Yuan Era”
Economy
CBNEditor
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October 21, 2020
0
Domestic analysts say that the Chinese housing market has just seen average prices rise permanently above the threshold of 10,000 yuan (approx....
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NDRC Is “Confident” Chinese Economy Will Meet Annual Targets for 2020, Says Employment Has Risen Nearly 9M Since Start of Year
Economy
CBNEditor
-
October 21, 2020
0
China's National Development and Reform Commission (NDRC) says it is confident that the Chinese economy will satisfy the full-year targets set by...
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