World Bank lending to China was in the news twice last week, as the outgoing President of the World Bank discussed it in an interview and a group of U.S. Senators introduced legislation on the issue.

The U.S. House of Representatives Financial Services Committee held a hearing yesterday on "Combatting the Economic Threat from China." Issues that were discussed at the hearing included: bilateral trade, outbound and inbound investment related to China, Chinese lending, TikTok, and China's presence in Latin American and African countries.

Last week, the U.S. House of Representatives passed the annual defense spending bill, which includes a number of provisions that address various China trade and economic issues. The Senate is expected to vote on the bill this week.

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.

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.

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.

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.