Suspicious attitude of China to support Ajay Banga to head the World Bank
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According to reports received from the US, Banga is scheduled to visit China on Wednesday. During the visit, he will meet officials of the People’s Bank of China and seek China’s support for his candidature.
China on Wednesday raised doubts over its backing of prominent Indian-American entrepreneur Ajay Banga to head the World Bank. It has said that it is open to the option of supporting other potential candidates on the basis of merit. US President Joe Biden has nominated 63-year-old Banga for the post of President of the World Bank. According to reports received from the US, Banga is scheduled to visit China on Wednesday. During the visit, he will meet officials of the People’s Bank of China and seek China’s support for his candidature.
Asked whether China would support Banga, Foreign Ministry spokesman Wang Wenbin told a press conference here, “We have looked at the US-nominated candidate and are open to other possible candidates.” He said that the World Bank is the most influential multilateral development institution in the world and is of great importance in terms of global poverty reduction and development.
“As a major partner of the World Bank, China is ready to work with all parties to have an open, transparent and merit-based selection process for the presidency,” Wenbin said. Said that they should ask the competent authority about this. Biden announced last month that the US was nominating Banga to lead the World Bank.
Disclaimer:IndiaTheNews has not edited this news. This news has been published from PTI-language feed.
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