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The DRC is highly dependent on aid to fund its health services, of which the World Bank contributes 25%. Some sources attribute the increase in child immunization rates from 5% to 81% to the World Bank's role as the second-largest contributor to health service funding in the DRC. [19]
China and the DRC have significant trade in cobalt, a metal for which China is the world's largest consumer due to its importance in batteries for electric vehicles. [11]: 127 As of at least 2024, the DRC produces more than 70% of the world's cobalt, and most of this production goes to China.
Development Research Center (DRC; Chinese: 国务院发展研究中心; pinyin: Guówùyuàn Fāzhǎn Yánjiū Zhōngxīn) of the State Council of China is a public institution responsible for policy research, strategic review and consulting of issues related to the economic and social development on mainland China.
The value of Mexico’s exports and imports amounts to almost 90% of the country’s gross domestic product, according to World Bank data. Economists warn that even a small increase in tariffs on ...
China will cut the amount of cash banks need to have on hand, known as the reserve requirement ratio or RRR, by 50 basis points. China central bank releases slate of support measures amid a ...
China: 24 November 1972: See China-Democratic Republic of the Congo relations. Both countries established diplomatic relations on 24 November 1972 [70] China is a large investor in the Democratic Republic of the Congo, primarily in the secondary (manufacturing) and primary (resource extraction) markets. China has an embassy in Kinshasa.
The partnership between China and the World Bank began on December 27, 1945, when it joined the organization. After the Communist victory in 1949 in the Chinese Civil War, the Chinese Communist Party proclaimed the People's Republic of China (PRC) on the mainland while the Republic of China (ROC) government retreated to the island of Taiwan, formerly a Japanese colony it acquired in 1945 after ...
China 2030: Building a Modern, Harmonious, and Creative High-Income Society is an extensive study of the Economy of China published in 2012 by the World Bank, Washington, D.C., and the Development Research Center of the State Council, People’s Republic of China, Beijing. China 2030 attempts to set forth a possible development path for China ...