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GLOBALink | China remains key contributor to world's sustainable growth, says WB President
World Bank President Ajay Banga was wowed by China's environmental protection and sustainability efforts after visiting a village in north China's Hebei Province, calling for joint efforts for sustainable growth.
March25,2024
China expects further cooperation with World Bank
China expects to deepen cooperation with the World Bank and make positive contributions to global poverty reduction and development, a foreign ministry spokesperson said Wednesday.
February22,2024
World Bank economist upbeat about China's growth prospects
China's economic growth matters to the regional and global economy against the backdrop of slowing growth of other major economies, World Bank East Asia and Pacific Chief Economist Aaditya Mattoo has said.
April14,2023
China, India "two exceptions" to global slowdown this year: World Bank chief
China and India are "two exceptions to the slowdown" that the global economy is expected to experience this year, World Bank Group President David Malpass has said.
April11,2023
World Bank raises global growth outlook for 2023 on China's recovery
World Bank Group President David Malpass announced on Wednesday the lender has raised its global growth forecast for 2023 to 2 percent from 1.7 percent in January due to China's recovery.
April11,2023
GLOBAlink | World Bank Vice President confident in China's robust recovery
China is undergoing a robust recovery with the reopening from the COVID-19 pandemic, said a senior World Bank official on the sidelines of the ongoing China Development Forum 2023.
March27,2023
Int'l organizations upbeat on China's economy
Despite daunting challenges and risks, China's gross domestic product (GDP) grew 4.8 percent in the first quarter of this year, and thus many international agencies are sanguine about China's growth outlook.
April20,2022
Foreign companies expected to remain in China: World Bank official
Despite the possibility that foreign direct investment may not keep the same level as last year, the long-term trend is that companies here for the Chinese market continue to be here, said a World Bank official.
April12,2022
China tops list to realize Nepal's export potential: World Bank
Nepal has the potential of exporting 12 times higher than its existing annual exports, with the highest potential of boosting exports to China, the World Bank said in a report released on Monday.
April13,2021
World Bank: China's growth to pick up at 7.9% in 2021
China's economy is expected to expand by 7.9 percent in 2021, nearly double the global growth rate predicted for the year, the World Bank said in its forecast on Tuesday.
January06,2021
Intesa to acquire 9.75% of Bank of Alexandria from the World Bank
The Italian group has reacquired the share it has been held since 2009 by International Finance Corporation on put & call agreements, by winning a share of 80% in the Egyptian group, worth €668 million (book value) The remaining share of 20% is held by the government.
October12,2020
China's economy to grow by 2.0 pct in 2020, says World Bank
China's economy is expected to grow by 2.0 percent in 2020, up from the 1 percent growth projection released in June, the World Bank said on Monday.
September29,2020
Wolrd Bank approves 750 mln USD loan to boost transport, digital connectivity in Kenya
The World Bank said on Wednesday it has approved an 81.3 billion shilling (about 750 million U.S. dollars) loan to help improve the movement of people and goods, digital connectivity and access to social services for over 3.2 million people in northeastern Kenya.
September10,2020
China accelerates reforms in improving business environment: World Bank
China's recent acceleration in business reforms has helped the country become the top reformer among large economies, according to a report issued by the World Bank.
July28,2020
China's e-commerce success reflects digitalization benefits: World Bank
Digital technologies can be powerful tools in reducing poverty and injecting vitality in rural areas, a report jointly issued by the World Bank and Alibaba Group said.
November26,2019
WB forecasts China GDP growth at 6.2 pct in 2019, 6.1 pct in 2020
The World Bank forecast Friday that China's economy will grow at 6.2 percent in 2019 and 6.1 percent in 2020.
May31,2019
China to cut taxes, fees on larger scale: China's Finance Minister
China is mulling to cut taxes and fees on a larger scale so as to create a favorable business environment that is more attractive to investm
April15,2019
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