China : Development news, research, data | World Bank
WEBLatest news and information from the World Bank and its development work in China. Access China’s economy facts, statistics, project information, development research from experts and latest news.
China Overview: Development news, research, data | World Bank
WEBStructural reforms are needed to reinvigorate the shift to more balanced high-quality growth. Last updated: April 2024. Since China began to open up and reform its economy in 1978, GDP growth has averaged almost 10 percent a year, and more than 800 million people have been lifted out of poverty.
Sustained policy support and deeper structural ... - World Bank …
WEBDec 14, 2023 · China’s growth is projected at 5.2 percent in 2023 before slowing to 4.5 percent in 2024. The outlook is clouded by continued weakness in the real estate sector and persistently tepid global demand in the short term, as well as structural constraints to growth, including high debt levels, population aging, and slower productivity growth than ...
World Bank Warns China’s Slowdown May Deepen, Pressure East …
WEB2 days ago · The World Bank expects China’s growth to weaken further in 2025 even with a temporary boost from recent stimulus measures, putting extra strain on regional economies.
World Bank was pressured to boost China rankings, inquiry finds
WEBSep 17, 2021 · WASHINGTON — World Bank leaders, including then-Chief Executive Kristalina Georgieva, applied "undue pressure" on staff to boost China's ranking in the bank's "Doing Business 2018"...
World Bank cuts China growth outlook on COVID, property woes
WEBDec 20, 2022 · The World Bank has cut its China growth outlook for this year and next, citing the impact of the abrupt loosening of strict COVID-19 containment measures and persistent property sector weakness.
The ‘rift is there’: China vs. the world on global debt
WEBApr 11, 2023 · China is catching up to the Western-dominated International Monetary Fund and World Bank and is exceeding other governments as the largest official lender to wide swaths of the developing world.
Lifting 800 Million People Out of Poverty - World Bank Group
WEBApr 1, 2022 · Over the past 40 years, China has lifted nearly 800 million people out of poverty, accounting for more than 75 percent of global poverty reduction in the same period, according to a new report released on Thursday.
New World Bank Chief Vows to Steer Clear of US-China Rivalry
WEBJun 14, 2023 · The newly appointed president of the World Bank said he doesn’t view China as a rival for the development lender and pledged to avoid getting dragged into competition between Washington and...
World Bank raises China growth outlook to 8.5% | AP News
WEBJun 29, 2021 · BEIJING (AP) — The World Bank raised its forecast of China’s economic growth this year to 8.5% from 8.1% and said Tuesday that a full recovery requires progress in vaccinations against the coronavirus. The report adds to positive signs for China, the first major economy to rebound from the pandemic.
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