World Bank to Cap Lending to China at Under $2 Billion Through 2031
The World Bank announces a plan to phase out loans to China by 2031, limiting future lending to less than $2 billion.
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The World Bank announces a plan to phase out loans to China by 2031, limiting future lending to less than $2 billion.
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The World Bank announced plans to significantly reduce its financial support to China, limiting loans to under $2 billion through 2031 as part of a broader strategy to phase out lending to the country.
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