WORLD BANK LENDING FOR CHINA TO GRADUALLY DECLINE AS RELATIONSHIP ENTERS 'NEW PHASE'

The World Bank's relationship with China is entering a new phase, the multilateral institution said Thursday, noting that lending to the country will gradually decline during the next five years.

Ecns.cn (Date:12/06/2019 09:04) Read full article >>

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China: China , officially the People's Republic of China , is a sovereign state located in East Asia. It is the world's most populous country, with a population of over 1.35billion. The PRC is a single-party state governed by the Communist Party, with its seat of government in the capital city of Beijing.[
- China Wikipedia
World: World is a common name for the whole of human civilization, specifically human experience, history, or the human condition in general, worldwide, i.e. anywhere on Earth.
Thursday: Thursday is the fourth or fifth day of the week, between Wednesday and Friday. According to the ISO 8601 international standard adopted in most western countries, it is the fourth day of the week. In countries that use the Sunday-first convention, Thursday is defined as the fifth day of the week. I
Bank: A bank is a financial institution and a financial intermediary that accepts deposits and channels those deposits into lending activities, either directly by loaning or indirectly through capital markets. A bank is the connection between customers that have capital deficits and customers with capital