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Bad for business: WB China rigging scandal rattles investors

By Reuters | 4yrs ago

World Bank leaders reportedly put “undue pressure” on staff to boost China’s ranking. [Courtesy]

Economists at investment funds expressed dismay on Friday at revelations that World Bank leaders put “undue pressure” on staff to boost China’s ranking in its influential “Doing Business 2018” report, and the series’ subsequent cancellation.

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