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Why China borrows $2 billion from the World Bank every year (CNBC)

January 11, 2019

Scott Morris of the Center for Global Development says the money that China borrows money from the World Bank is "not a lifeline," but a mechanism for Beijing to access expertise from the institution. He also notes that China uses the loans to support carbon emission reductions, which benefits everyone.

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Photo of Scott Morris
Senior Fellow, Director of the US Development Policy Initiative