World Bank

Total 7 Posts

Senate Hearing for U.S. Treasury Nominee Raises Several China/World Bank Issues

At a Senate Finance hearing today, Senator James Lankford (R-OK) had an exchange with U.S. Treasury nominee Jay Shambaugh on several issues related to the World Bank and China.

World Bank President Comments on China Lending Practices

As part of an event hosted by the Bretton Woods Committee, World Bank President David Malpass was asked by Bretton Woods Committee Vice Chair William R. Rhodes about several issues related to Chinese lending, such as transparency and debt restructuring.

World Bank President Comments on China Economic Issues

During a speech this week on "Addressing Challenges to Growth, Security, and Stability," World Bank President -- and former official with the Reagan, Bush I, and Trump administrations -- David Malpass offered some thoughts on various issues related to China in the global economy.

World Bank President Discusses Lending to China

At an event hosted by the Peterson Institute today, World Bank President David Malpass offered some thoughts on the role of World Bank lending to China, an issue on which he previously weighed in as a Treasury Department official during the Trump administration.

Nomination Hearing for Two USTR Positions Discusses China Trade Issues

The Senate Finance Committee held a hearing [https://www.finance.senate.gov/hearings/hearing-to-consider-the-nominations-of-maria-l-pagan-of-puerto-rico-to-be-a-deputy-united-states-trade-representative-geneva-office-with-the-rank-of-ambassador-brent-neiman-of-illinois-to-be-a-deputy-under-secretary-of-the-treasury-for-international-finance-and-development-joshua-frost-of-new-york-to-be-an-assistant-secretary-of-the-treasury-for-financial-markets-samuel-r-bagenstos-of-michigan-to-be-general-coun

Republican Senators Introduce Legislation To End Development Bank Assistance for China

Senator John Barrasso (R-WY) and 17 of his Republican colleagues have introduced legislation [https://www.congress.gov/bill/117th-congress/senate-bill/2587/text] (S.2587) that would put an end to assistance to China by multilateral development banks. The logic behind the legislation is that China has grown enough economically that

U.S. Defense Funding Bill Pushes for Graduating China from Receiving World Bank Loans

On January 1, 2021, the U.S. Congress overrode a veto [https://thehill.com/homenews/senate/532321-congress-overrides-trump-ndaa-veto] from President Trump in order to pass annual defense spending legislation (the National Defense Authorization Act, or NDAA). One of the provisions in the bill tries to push for “graduating” China from World
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