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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.


  • 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.


  • 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.


  • 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.


  • 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.


  • 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.


  • 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.


  • 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.


  • 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.


  • 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.


  • 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.


  • 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.


  • 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.


  • 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.


  • 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.


  • 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.


  • 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


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