News Snapshot:
Investigators found that World Bank staff changed data to boost China’s ranking in the 2018 and 2020 ‘Doing Business’ report which gauges business conditions around the world. The World Bank is cancelling a prominent report on business conditions around the world after investigators found staff members were pressured by the bank’s leaders to alter data about China and some other governments. The bank said on Thursday it would discontinue “Doing Business” following an investigation prompted by internal reports of “data irregularities” in its 2018 and 2020 editions and possible “ethical matters” involving bank staff. Staff members changed data on China...
