World Bank adopts $1 billion-plus annual China lending plan over U.S. objections

The World Bank said its board on Thursday adopted a new plan to aid China with $1 billion (£779.42 million) to $1.5 billion in low-interest loans annually through June 2025, despite the objections of U.S. Treasury Secretary Steven Mnuchin and several U.S. lawmakers.

from Reuters: Money News https://ift.tt/2rj2GR4
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