Leaders | The World Bank and China

Why the head of the IMF should resign

A scandal over data and China has undermined her credibility

IN 2003 THE WORLD BANK launched a league table that assessed the ease of doing business in different countries around the world. By 2017 Li Keqiang, China’s prime minister, grumbled that his country was lagging behind its peers. At his urging, officials began freeing entrepreneurs from red tape—and crimson ink. They cut fees, streamlined approvals, and began to use electronic seals instead of the traditional ink stamp on many documents.

This article appeared in the Leaders section of the print edition under the headline “Why Georgieva should go”

Resurfacing: America in Asia

From the September 25th 2021 edition

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