KM Financial Solutions | World Bank adopts $1 bln-plus annual China lending plan over U.S. objections
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World Bank adopts $1 bln-plus annual China lending plan over U.S. objections

World Bank adopts $1 bln-plus annual China lending plan over U.S. objections

The World Bank said its board
on Thursday adopted a new plan to aid China with $1 billion to
$1.5 billion in low-interest loans annually through June 2025,
despite the objections of U.S. Treasury Secretary Steven Mnuchin
and several U.S. lawmakers.

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