US President Donald Trump has seen red over a newly-adopted plan by the World Bank to loan China up to $1.3 billion annually through 2025. Trump said Beijing “has plenty of money,” urging the bank to cancel the handout.
“Why is the World Bank loaning money to China? Can this be possible? China has plenty of money, and if they don’t, they create it. STOP!” Trump tweeted Friday, taking aim at the decision by the financial body’s board to approve a five-year plan to help China boost its private sector and foster fiscal reforms the day before.