The new World Bank president says China does not need World Bank financing anymore. They're rich enough
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Trump's Pick To Lead World Bank Is A Huge Negative For ChinaTrump's pick to lead the World Bank is unlikely to allow China to keep receiving loans from a bank designed to help fund poor countries
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Trump to nominate World Bank critic David Malpass to head the development lenderDavid Malpass, a Trump loyalist and veteran of the Reagan and George H.W. Bush administrations, has had sharp words for several policies at the World Bank, including its loans to China.
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Trump World Bank pick would be fox in the henhouseThe U.S. president is set to nominate David Malpass to lead the global lender. He’s skeptical of multilateralism and of closer ties to China. A challenger for the job – usually America’s choice – hasn’t yet emerged. Some World Bank priorities, like climate change, could fade.
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Trump nominates World Bank critic David Malpass to lead itMalpass, the US Treasury’s top diplomat, has pushed the bank to cut lending to China, which is embroiled in an ongoing trade war with the US.
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