China urges World Bank to conduct full probe in issues related to business report

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China’s Foreign Ministry on Friday called on the World Bank to conduct a full investigation into relevant issues to protect both the credibility of its business environment report and reputation of its members, after the World Bank ended its “Doing Business” report citing “data irregularities.” 

The World Bank canceled the report rating the business environment in countries, after US media reports suggested that an investigation concluded that senior bank management pressured staff to alter data affecting the ranking of China and other nations.

The media reports implicated IMF Managing Director Kristalina Georgieva, who worked at the World Bank. In response to the allegations, Georgieva said that”I disagree fundamentally with the findings and interpretations of the Investigation of Data Irregularities as it relates to my role in the World Bank’s Doing Business report of 2018.”

Asked about those developments at a press briefing on Friday, Zhao Lijian, a spokesperson for the Chinese Foreign Ministry, said that the Chinese government attaches great importance to optimizing the business environment, and relevant achievements are obvious to all.

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