World Bank confirms plan to phase out China lending by 2031

World Bank confirmed plans to phase out lending to China by 2031 under a new Country Partnership Framework.

IBRD lending to China will not exceed $2 billion during the CPF period and no further borrowing is expected after.

The shift reflects China's transition from needing financing to requiring technical assistance and knowledge sharing.

World Bank lending to China decreased from $2.42 billion in 2017 to $750 million by 2025.

China contributed $1.5 billion to the World Bank's IDA, making it the fifth-largest donor.