The World Bank confirms it plans to phase out its lending to China by 2031, according to its newly released country partnership framework (CPF). Both outlets report that the decision is focused on changing how the World Bank engages with China rather than ending all forms of support. Under the plan, lending activity is set to gradually stop over the period leading up to 2031.
The World Bank’s reported approach shifts toward non-lending assistance, including technical support and knowledge sharing. The CPF describes the framework for the World Bank’s relationship with China, a major recipient country, and signals a reorientation of resources from financing toward areas such as expertise transfer and institutional collaboration.
The reports do not provide detailed figures on expected reductions year by year or specific projects affected, but they agree that the overarching timeline is 2031 and that the change is driven by the World Bank’s updated engagement strategy with China.
