China's Grandfathering: Report Revealed, World Bank's Doing Business Report manipulated to avoid Dragon's displeasure


Posted on 17th Sep 2021 03:18 pm by rohit kumar

Big questions are being raised about the credibility of the World Bank's Doing Business report. The investigation found that the 2018 report by the World Bank was manipulated due to Chinese pressure. Controversy is deepening over irregularities in the World Bank's Ease of Doing Business report.

 

 

The name of the IMF's head came out in the controversy

Did you know?Explore Trending and Topic pages for more stories like this.

Now the name of Kristalina Georgieva, Managing Director of the International Monetary Fund (IMF) has also appeared in this. According to the report, Georgieva had pressured employees to make changes to a report during her stay at the World Bank so that China would not be offended. However, Georgieva disagreed on this.

 

 

China's pressure on the then president of the IMF

The report was prepared by law firm WilmerHale at the behest of the bank's ethics committee. In this, concern has been expressed about China's pressure on the World Bank. The report said that Kristalina had put pressure on employees to improve China's ranking. Along with this, there has also been talking of China's pressure on the then IMF President Jim Yong Kim.

 

Canceled Doing Business report for the time being

At the same time, Georgieva rejected the investigation report, saying that she did not agree with it and presented her side before the IMF Executive Board. Earlier on Thursday itself, the World Bank announced the postponement of the Doing Business report. In this context, the bank said that in the report, the matter of data tampering has come to the fore. So it has been canceled for the time being.

 

US Treasury Department will study

In the matter, the US Treasury Department said that it would study it. If this report is true, then it is a serious matter. According to the WilmerHale report, there was "direct and indirect pressure" from senior staff members of former IMF President Jim Yong Kim to change the methodology of the report and improve China's score.

 

China jumps seven places in 'Doing Business 2018' report

The World Bank had sought help from China for capital. Therefore, it is being speculated that instead of that, an attempt was made to give an advantage to China in the report. China was ranked 78th, up to seven places in the 'Doing Business 2018' report.

1 Like 0 Dislike
Previous news Next news
Other news

Be it Bangladeshi or Rohingya... now there is no mercy for intruders! Modi government is going to make a new immigration law.

The Union Home Ministry on Tuesday introduced the Immigration and Foreigners Bill in the Lok Sabh

Supreme Court: If this is done, India will be a country of minorities..., SC dismisses the petition of smart Brahmins

The Supreme Court refused to grant minority status to Smarta Brahmins living in Tamil Nadu. Dismi

Sidhu Moosewala Murder: Singer and Congress leader Moosewala was murdered in Punjab, Canada-based gangster Goldie Brar took responsibility for the murder

Punjabi singer and Congress leader Sidhu Moosewala were publicly shot dead by the assailants at a

Dunki Advance Booking: 'Dunki' rang in booking, figure crossed 4 crores, see the collection

Dunki Advance Booking: Shah Rukh Khan is ready to make a splash this year with the film 'Dunki'.

Jawan Advance Booking: 'Jawan' dominates America, earning huge in booking, opening with 100 crores!

Jawan Overseas Advance Booking: Shah Rukh Khan started the year 2023 with his film Pathan. This f

'India is everything to me: Akshay Kumar to give up Canadian citizenship, applies for Indian citizenship

Akshay Kumar recently talked about his citizenship in an interview during the promotion of his up

Lok Sabha Election 2024: Will Nishikant be able to hit a four of victory in Godda? Congress changed its bowler, know the equation here

BJP's Nishikant Dubey, who has won three consecutive matches on the political pitch of Godda in J

Asteroid many times bigger than Qutub Minar coming close to Earth at a speed of 76 thousand kmph

A giant-sized asteroid (Asteroid (7335) 1989 JA) is going to pass close to Earth on Friday. Due t

Manmohan Singh Death: Bollywood mourns, from Diljit to Ayushmann Khurrana these stars paid tribute

Bollywood stars have also paid tribute to the death of former Prime Minister of India Manmohan Si

Brahmastra Trailer Release: Ranbir Kapoor will fight for his weapons between Isha and Shiva's love story, the film's trailer will make you shocked

Brahmastra Trailer Release: The trailer of director Ayan Mukerji's most awaited film 'Brahmastra'

Sign up to write
Sign up now if you have flare of writing..
Login   |   Register
Follow Us
Indyaspeak @ Facebook Indyaspeak @ Twitter Indyaspeak @ Pinterest RSS



Play Free Quiz and Win Cash