Episode 1443 • • 1:12:58 - 1:15:38
1443: Elon Sandwich
World Bank Loans to China, Supply Chain Diversification
World Bank President David Malpass suggests that diversifying global supply chains away from China is beneficial for the global economy. Despite being the world's second-largest economy, China continues to receive $1 to $1.5 billion in low-interest loans annually from the World Bank due to its "developing country" status, a designation the U.S. has challenged.