“We hope this G20 summit will show that the world’s major economies can work together even in challenging times,” US national security adviser Jake Sullivan said this week. The institutions, created in the aftermath of World War II, have long funded education, public health and infrastructure programs in developing countries. Sullivan said this week the World Bank reforms were “not against China,” noting Beijing is a shareholder in the bank. “The biggest shareholders of the World Bank are all sitting around the G20 table. The contrast between Biden’s presence at the summit – which includes a number of developing countries – and Xi’s absence will also give the American president an opportunity to highlight the US’ commitment to the developing world.

---

Persons: Joe Biden, Biden, Biden’s, Jake Sullivan, Narendra Modi, Modi, India hasn’t, Sullivan, We’ve, ”, Yun Sun, Stimson, –, – Biden, “ We’ve, Xi, Putin, China –, ” Sullivan Organizations: New, New Delhi CNN, ”, Indian, West, World Bank, Bank, Initiative Locations: New Delhi, Russia, China, Ukraine, Beijing, United States, India, Ukraine –, Bali