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The World Bank scandal is a bad sign for the future of globalization
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Ahead of the release of the 2018 report, as the World Bank sought to raise capital from donor nations, China was expected to drop seven places in the ranking. Kim, Georgieva, and their aides pushed to change the report so that China would do better. After considering several options to boost the ranking that proved politically or statistically unworkable, the Bank changed its scoring of China on three issues so that it would continue to maintain its rank at the time.