China originally joined the World Bank Group (WBG) on December 27, 1945. However, after the Chinese Civil War, the World Bank recognized the Republic of China as its member, until the relationship ended in 1980, when the membership was replaced by the People's Republic of China. The People's Republic of China (PRC) did not become involved with the World Bank group until 1980, when it first joined the World Bank in April due to the market reforms known as reform and opening-up. Prior to the economic reform and its relation with the World Bank, according to CRS, "China maintained policies that kept the economy very poor, stagnant, centrally controlled, vastly inefficient, and relatively isolated from the global economy". Since its entry into the World Bank, China has transformed into a marke
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| - China and the World Bank (en)
- Китай во Всемирном банке (ru)
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| - Китай не был в составе группы Всемирного банка вплоть до 1980 года. С момента своего вступления в организацию Китай вносит значительный вклад во Всемирный банк, а также получает кредиты из банка для финансирования различных проектов на своей территории. Как растущая крупная держава, Китай стремится занять соответствующую позицию во Всемирном банке. По этой причине в 2014 году Китай и другие страны БРИКС сформировали собственный банк развития под названием Новый Банк развития. (ru)
- China originally joined the World Bank Group (WBG) on December 27, 1945. However, after the Chinese Civil War, the World Bank recognized the Republic of China as its member, until the relationship ended in 1980, when the membership was replaced by the People's Republic of China. The People's Republic of China (PRC) did not become involved with the World Bank group until 1980, when it first joined the World Bank in April due to the market reforms known as reform and opening-up. Prior to the economic reform and its relation with the World Bank, according to CRS, "China maintained policies that kept the economy very poor, stagnant, centrally controlled, vastly inefficient, and relatively isolated from the global economy". Since its entry into the World Bank, China has transformed into a marke (en)
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| - China originally joined the World Bank Group (WBG) on December 27, 1945. However, after the Chinese Civil War, the World Bank recognized the Republic of China as its member, until the relationship ended in 1980, when the membership was replaced by the People's Republic of China. The People's Republic of China (PRC) did not become involved with the World Bank group until 1980, when it first joined the World Bank in April due to the market reforms known as reform and opening-up. Prior to the economic reform and its relation with the World Bank, according to CRS, "China maintained policies that kept the economy very poor, stagnant, centrally controlled, vastly inefficient, and relatively isolated from the global economy". Since its entry into the World Bank, China has transformed into a market-based economy and has experienced rapid economic and social development. Currently, although China has become the world's second largest economy with 1.4 billion population, it still has a close relationship with the World Bank in areas such as poverty, environmental protection and new challenges from the reform. (en)
- Китай не был в составе группы Всемирного банка вплоть до 1980 года. С момента своего вступления в организацию Китай вносит значительный вклад во Всемирный банк, а также получает кредиты из банка для финансирования различных проектов на своей территории. Как растущая крупная держава, Китай стремится занять соответствующую позицию во Всемирном банке. По этой причине в 2014 году Китай и другие страны БРИКС сформировали собственный банк развития под названием Новый Банк развития. (ru)
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