World Bank Upgrades China’s 2025 Growth Outlook Amid Policy Shifts
The World Bank revises China’s 2025 GDP growth forecast upward by 0.4 points, citing policy support and export resilience.
World Bank
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China and World Bank Launch Ecological Cooperation Center in Beijing
China and the World Bank have launched the Global Center for Ecological Systems and Transitions in Beijing, focusing on ecological restoration and marking over 40 years of cooperation.
Pacific Atoll Nations Face $10 Billion Cost to Combat Rising Seas: World Bank Report
World Bank report reveals Pacific atoll nations need $10 billion to adapt to rising sea levels, equivalent to 20 years of their GDP.
Mexico’s Historic Poverty Decline: Millions Lifted Out Through Innovative Banking
Over the past six years, Mexico has achieved a historic decline in poverty, lifting millions through innovative banking solutions that efficiently deliver funds to those in need.
World Bank President Ajay Banga Praises China’s Role in Tackling Global Challenges
World Bank President Ajay Banga commends China’s transformative role in global development and climate action during his visit to Hebei Province and the China Development Forum.
Global Institutions Raise China’s Economic Growth Forecasts for 2024
International organizations like the IMF and World Bank have raised their forecasts for China’s economic growth in 2024, expressing optimism about the country’s robust economic prospects.
World Bank: Transforming Agriculture Could Cut a Third of Global Emissions by 2030
Transforming global agricultural practices could reduce greenhouse gas emissions by one-third by 2030, according to a World Bank report urging nations to adopt sustainable farming methods.
Premier Li Qiang and World Bank President Ajay Banga Pledge Closer Partnership
Chinese Premier Li Qiang met with World Bank President Ajay Banga in Beijing, calling for a closer partnership and enhanced cooperation on global development initiatives.
World Bank Chief Highlights China’s Role in Global Poverty Reduction
World Bank President Ajay Banga praised China’s role in reducing global poverty from 44% to 9%, highlighting that job creation is key to combating poverty and fostering prosperity.
World Bank President Ajay Banga Visits Hebei Province to Tackle Air Pollution
World Bank President Ajay Banga makes his first official visit to China, touring Hebei Province to address air pollution and attending the China Development Forum 2024 in Beijing.
World Bank Pledges Support to Tunisia on Water Scarcity and Climate Change
The World Bank has pledged support to Tunisia in developing plans to address water scarcity and climate change impacts, with new financial assistance forthcoming to enhance food security.
Developing Nations Doubt U.S. Commitment to True IMF and World Bank Reforms at G20
At the G20 Summit, the U.S. proposes reforms to the IMF and World Bank to aid developing nations, but critics question the sincerity of these efforts, citing past resistance to meaningful change.
World Bank Warns of Largest Commodity Shock Since 1970s Due to Russia-Ukraine Crisis
The World Bank warns that the Russia-Ukraine crisis is set to trigger the largest commodity shock since the 1970s, causing significant supply disruptions and historically high prices expected to persist.
Pandemic Causes 14% Drop in Remittances, Impacting Venezuela
The World Bank reports that global remittances are expected to drop by 14% due to the COVID-19 pandemic, severely affecting countries like Venezuela where remittances are a crucial source of income.