Why does the world’s second-largest economy still borrow so much from the leading global development institution?
World Bank President David Malpass. Credit: UK DFID
The controversy sparked by the World Bank’s admission that one of its key reports had been manipulated in China’s favor has brought an enduring question back into focus: Why does the world’s second-largest economy still borrow so much from the leading global development institution?
The Washington, D.C.-based World Bank last month abruptly canceled its flagship 'Doing Business’ report, an annual ranking of countries based on how favorable their environment is for business. The announc
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