"Report shows China\u2019s growing clout at World Bank, global institutions"

" \n Report shows China\u2019s growing clout at World Bank, global institutions \n \n\n \n With over US$66 billion in total capital,\u00a0China\u00a0has passed Japan to become the second-largest contributor to the system of development banks that provide some US$200 billion in subsidised loans to poor countries each year, a new report said Thursday. \n \n\n \n While China still receives loans and other aid from multilateral institutions like the World Bank and UN agencies, it has also emerged as one of the most powerful donors, according to the Center for Global Development. \n \n\n \n It said that China, the world\u2019s second-largest economy after the United States, is the fifth largest overall donor across the range of United Nations agencies focused on development, including the UN Development Programmme, World Food Programme (WFP), and World Health Organization (WHO). \n \n\n \n Beijing\u2019s role as a major donor, shareholder, aid recipient, and commercial partner of international institutions gives it \u201cuniquely influential position,\u201d the think tank said, citing a detailed look at China\u2019s role at 76 global institutions. \n \n\n \n Read Also: MTN readies 1,322 sites for 5G network rollout \n \n\n \n \u201cThere\u2019s been a lot of attention to China\u2019s Belt and Road lending to developing countries, but a lot less on its growing footprint at global institutions like the\u00a0World Bank,\u201d said Scott Morris, a senior fellow at the center. \n \n\n \n China\u2019s expanding role at these institutions \u2013 and its role as the world\u2019s largest creditor \u2013 has raised concerns in the United States and elsewhere in recent years, but Morris cautioned against viewing its role at the banks as a threat. \n \n\n \n \u201cThis isn\u2019t necessarily a cause for alarm,\u201d Morris said. \u201cIt\u2019s better for everyone to have China working inside the system instead of outside of it.\u201d \n \n\n \n Some of the increase has been driven by automatic contributions based on the size of China\u2019s growing economy. \n \n\n \n But Beijing has also scaled up its voluntary donations, including at the World Bank\u2019s low-income lending arm, the International Development Association, where it is now the 6th largest donor. \n "

"Report shows China\u2019s growing clout at World Bank, global institutions"

Top 10 African Countries With The Highest Diesel Prices In July 2025AMP

BoG Reports $11.1bn in Reserves, Cedi Appreciates Over 42% in 2025AMP

BoG Commits to Regulation of Cryptocurrencies Over ProhibitionAMP