WASHINGTON, Dec. 7 -- The World Bank continues to provide loans to China? How is it being done? China has a lot of money. US President Donald Trump on Friday questioned the World Bank's frequent loans to China and asked for immediate closure. Trump tweeted on social media and wrote, "Why is the World Bank continuously lending to China?" How is it being done? China has a lot of money, if it is not there, they can grow it.
Impact on financial aid to poor countries
After this statement of Trump, the two countries may have escalated the already ongoing war on trade war for 18 months. Know that the World Bank gives loans to China to complete many programs throughout the year. Lending to the world's second largest economy affects financial aid t...