WASHINGTON – U.S. President Donald Trump lashed out at the World Bank on Friday, blaming the international financial institution for lending money to China. “Why is the World Bank loaning money to China? ADVERTISEMENTThe president was reiterating a position long held by his administration, including David Malpass when he was a Treasury Department official prior to his election as the current head of the World Bank. The program “reflects the evolution of our relationship with China,” Martin Raiser, World Bank Country Director for China, said on Thursday. There is a great deal of uncertainty about the date of a possible partial agreement, which Trump said was imminent in October.

Source: Philippine Daily Inquirer December 07, 2019 03:33 UTC