Why Did China Just Need To Borrow $100 Million From The World Bank?

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Why did the richest country on earth just take out a loan from the World Bank?

Beijing wasn’t providing safe food for poor people in the Jilin Province. So we’re covering their slack (via Paul Midler):

The World Bank will provide a $100 million loan to the People’s Republic of China to improve food safety efforts, Food Production Daily reported yesterday. The loan, the bank’s largest ever for a food safety initiative, will fund 70 per cent of the China’s initiative to up the safety of agricultural commodities from the Jilin Province.

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