Relations (1)

cross_type 3.17 — strongly supporting 8 facts

The World Bank Group is related to China through its role as a venue for geopolitical rivalry with the United States [1], [2], [3] and as an institution where China's influence has been actively contested by the U.S. and G7 states [4], [5], [6]. Additionally, the World Bank utilizes economic data from both nations to analyze global trade impacts and GDP metrics [7], [8].

Facts (8)

Sources
Strategic Rivalry between United States and China swp-berlin.org SWP 6 facts
claimThe United States, supported by G7 states, blocked a significant expansion of China's influence in the International Monetary Fund and the World Bank.
claimThe United States, with support from G7 states, blocked a significant expansion of China's influence within the International Monetary Fund and the World Bank.
claimChina responded to being blocked from expanding its influence in the International Monetary Fund and World Bank by using its resources to establish new formats and organizations where it acts as the largest single donor.
claimThe growing rivalry between the United States and China is prominently displayed in the Bretton Woods institutions (World Bank and International Monetary Fund), the World Trade Organization, and the United Nations.
claimThe rivalry between the United States and China is prominently displayed in the Bretton Woods institutions (World Bank and International Monetary Fund), the World Trade Organization, and the United Nations.
claimThe growing rivalry between the United States and China is prominently displayed in the Bretton Woods institutions (the World Bank and the International Monetary Fund), the World Trade Organization, and the United Nations.
[PDF] Is US Trade Policy Reshaping Global Supply Chains? openknowledge.worldbank.org World Bank 1 fact
claimUS tariffs reduced import growth from China and stimulated import growth from other countries, according to the World Bank report 'Is US Trade Policy Reshaping Global Supply Chains?'.
The U.S.-China Trade Relationship | Council on Foreign Relations cfr.org Council on Foreign Relations 1 fact
measurementThe United States and China combined comprised 43 percent of the global gross domestic product (GDP) and nearly 48 percent of global manufacturing output in 2023, according to the World Bank.