World Bank China Rigging Scandal Highlights Beijing’s ‘Malign Influence’ at UN: Experts

World Bank China Rigging Scandal Highlights Beijing’s ‘Malign Influence’ at UN: Experts
Chinese communist party leader Xi Jinping virtually addresses the 76th Session of the UN General Assembly on September 21, 2021 in New York. Spencer Platt/POOL/AFP via Getty Images
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Revelations that World Bank leaders pressured staff to rig an influential report in China’s favor have once again shed light on the Beijing regime’s influence within the United Nations system.

A recent investigation found that then-World Bank President Jim Yong Kim and then-Chief Executive Kristalina Georgieva had applied “undue pressure” on staff to boost China’s ranking in its 2018 “Doing Business” report. At the time, the World Bank leadership was “consumed with sensitive negotiations” over a major capital increase, a move that increased China’s stake in the lender, investigators said. Leaders had also received repeated overtures from senior Chinese officials wanting the country’s score to be raised to reflect its initiatives at reform.
Terri Wu
Terri Wu
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Terri Wu is a Washington-based freelance reporter for The Epoch Times covering education and China-related issues. Send tips to [email protected].
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