The World Bank canceled a prominent report rating the business environment of the world’s countries after an investigation concluded that senior bank management pressured staff to alter data affecting the ranking of China and other nations.

The leaders implicated include then World Bank Chief Executive Kristalina Georgieva, now managing director of the International Monetary Fund, and then World Bank President Jim Yong Kim.

The “Doing Business” report has been the subject of an external probe into the integrity of the report’s data. On Thursday, the bank released the results of that investigation, which concluded that senior bank leaders including Ms. Georgieva were involved in pressuring economists to improve China’s 2018 ranking. At the time, she and others were attempting to persuade China to support a boost in the bank’s funding.

The Chinese Embassy in Washington didn’t immediately respond to a request for comment. Mr. Kim didn’t respond to an email seeking comment.

An expanded version of this story appears on

Popular stories from WSJ:

Facebook Tried to Make Its Platform a Healthier Place. It Got Angrier Instead.

China’s Biggest Movie Star Was Erased From the Internet, and the Mystery Is Why

Facebook Knows Instagram Is Toxic for Teen Girls, Company Documents Show

What's your reaction?

In Love
Not Sure

You may also like

Leave a reply

Your email address will not be published. Required fields are marked *

More in:Latest News