World Bank

China’s BRI Bailouts Draw Mixed Reception

Several reports published over the past two weeks shine a light on China’s lending practices abroad, in the context of an ongoing international debt crisis along parts of the BRI. The reports trace the evolution of BRI loans and...

World Bank Business Ranking Manipulated in China’s Favor

An independent investigation released by the law firm WilmerHale on September 16 found that high ranking staff members at the World Bank rigged data in the 2018 and 2020 editions of its flagship “Doing Business” report in order...

Extreme Poverty in China Crashes Since 1981

While China’s severe income inequality has become an increasingly prominent issue in recent months, new estimates from the World Bank on extreme poverty around the globe (PDF) show another side to the country’s...

China Lets Gini Out of the Bottle

China has not made its Gini coefficient public since 2000. The Gini coefficient is a measure of income inequality, ranging from 0, or perfect equality, to 1, or perfect inequality. A figure above 0.4 is widely believed to...

World Bank Forecasts Lowest China Growth in a Decade

The World Bank lowered its growth forecast for China to 7.7 percent on Monday, 0.5 percent below its April estimate, according to the China Daily: The World Bank also lowered China’s growth forecast in 2013 to 8.1 percent,...

China Banks Pull Out of Meetings in Japan

CDT previously reported on the possible economic strain from the Diaoyu Island dispute between China and Japan. As Chinese surveillance ships arrive in the region, the tensions between the two nations continue to escalate. The...

CDT Money: World Bank Report Outlines Reform Path

[youtube][/youtube] The World Bank published a nearly 500 page report Monday, co-authored with a government think-tank, which prescribes a roadmap of reform for the Chinese economy as it...

Report To Urge Economic Reform

The World Bank and a Chinese government think tank will release an economic report on Monday, called “China 2030,”  which warns of a hard landing for China unless it enacts reforms to a system dominated by...

China Edges Towards Inequality Measure

Caixin magazine recently reported the National Bureau of Statistics’ failure for an eleventh consecutive year to release the country’s Gini coefficient, a key measure of economic inequality. Now, China Daily...

China Can Achieve 8% Growth For Next 20 Years: World Bank

China has seemed to endure the financial crisis relatively unscathed. Now, a new assessment by the World Bank estimates that China may be able to sustain its strong economic growth for the long-term, potentially even surpassing...

China Leads in Carbon Emissions, Lags in Data Transparency

The Guardian reports and illustrates new data on global carbon emissions which shows China pulling further ahead of the US, almost offsetting the expected dip in emissions caused by the global recession. While US emissions fell...



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