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Does this make sense? Trump is talking about China's money and loans

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Does this make sense? Trump is talking about China's money and loans Empty Does this make sense? Trump is talking about China's money and loans

Post by rocky on Sat 07 Dec 2019, 1:23 am

[size=36]Does this make sense? Trump is talking about China's money and loans[/size]

Economy | 09:08 - 07/12/2019

Does this make sense? Trump is talking about China's money and loans 67122019_43-2-634x315



Follow-up - Mawazine News
, US President Donald Trump criticized the World Bank on Friday, calling the International Finance Corporation to stop lending to China.
"Why is the World Bank lending money to China? Could this be reasonable? China has a lot of money, and if they don't have it, they make it. Stop it," Trump wrote on Twitter.
Trump, through his stance, was reaffirming the stance long held by his administration, including David Malpas, who was an official in the US Treasury before he was elected president of the World Bank.
Treasury Secretary Stephen Mnuchin reiterated Trump's position on the World Bank in Congress, who told a House committee on Thursday that the United States had "objected" to the loan program allocated by the China Financial Corporation for years.
Although the World Bank adopted the program on Thursday, it plans to work to cut loans to China.
This program "reflects the development of our relationship with China," said Martin Raiser, director in charge of China affairs at the World Bank, adding that "our engagement will be increasingly selective."
But this cut does not seem to suffice Washington, which insists that the world's second largest economic power is able to finance itself, without relying on international loans, aimed at securing financial resources for poor countries.
Trump's public stance comes amid negotiations between Washington and Beijing to end the 18-month-old trade war between them, in which the United States is trying to pressure China to make concessions on protecting American business and cutting its trade surplus.
There is uncertainty over when a possible partial agreement will be reached, and Trump indicated in October that he was imminent.
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Does this make sense? Trump is talking about China's money and loans Empty Trump: Why does the World Bank loan China money?

Post by rocky on Sat 07 Dec 2019, 2:13 am

   



[size=30]Trump: Why does the World Bank loan China money?[/size]



Saturday  07 December 2019 AD


Does this make sense? Trump is talking about China's money and loans 2019-12-07T015949Z_1192110678_RC2ZPD9Y3BJ9_RTRMADP_3_USA-TRUMP-WATER
US President Donald Trump (Reuters)
Washington: «Middle East Online»

US President Donald Trump criticized the World Bank, calling on him to stop lending to China. “Why does the World Bank loan China money?” He wrote on Twitter. Could this be reasonable? China has a lot of money, and if they do not have, they make it. Stop it! ”
Treasury Secretary Stephen Mnuchin reiterated Trump's position on the World Bank in Congress, and told a House committee that the United States had objected to a loan program allocated by the China Financial Corporation for years, according to Agence France-Presse.
Although the World Bank adopted the program on Thursday, it plans to work to cut loans to China. But this cut does not seem to suffice Washington, which insists that the world's second largest economic power is able to finance itself without relying on international loans intended to secure financial resources for poor countries.
This public position of Trump, yesterday (Friday), comes amid negotiations between Washington and Beijing to end the 18-month trade war between them, through which the United States is trying to pressure China to make concessions on protecting American business and reducing its trade surplus.
A state of uncertainty surrounds the date for a possible partial agreement, which Trump indicated in October that he was close.

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Does this make sense? Trump is talking about China's money and loans Empty Trump urges World Bank to stop lending to China

Post by rocky on Sat 07 Dec 2019, 2:23 am

Trump urges World Bank to stop lending to China

Does this make sense? Trump is talking about China's money and loans 4831b0fc7eb41e488149d8409d10d991
Follow-up - Conscious

Us President Donald Trump on Saturday urged the World Bank to stop granting China financial loans because Beijing has huge funds.

"Why is the World Bank lending to China? Could that be possible? China has a lot of money, and if they don't have the money, they'll create it. Stop."

"Trump intends to increase fees on a number of goods from China if the parties fail to agree on a trade deal until December 15," Commerce Secretary Wilbur Ross told Fox News on Monday.

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Does this make sense? Trump is talking about China's money and loans Empty Re: Does this make sense? Trump is talking about China's money and loans

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