IMF chief lobbied to improve China's biz ranking, says World Bank

To discontinue 'Doing Business' reports after ethics review

International Monetary Fund Managing Director Kristalina Georgieva was called out Thursday by the World Bank, her previous employer, for applying pressure to boost China’s position in a ranking of economies. Georgieva said she disagreed with the findings.

The World Bank, in a probe of its “Doing Business” report, found such serious ethics issues that it decided to abandon the series entirely, a statement released in Washington showed.
 
China’s position in the 2018 report, released in October 2017, should have been seven places lower — at No. 85 rather than remaining at 78 -- the World Bank said in