World Bank Tells China To Reform State Sector To Ensure Stability

A 400-page report calls the nation's economic model 'unsustainable' and calls on the Asian giant to boost market competition, support marginalized private enterprise and diminish the role of government-owned companies.The World Bank, taking aim at one of China's most entrenched interest groups, told the country's top leadership that it had to reform the nation's powerful state sector to ensure stability in the world's fastest growing major economy.

BING NEWS:
  • tralac Daily News
    The African Development Bank Group unveiled its new Ten-Year Strategy 2024–2033 (1.28 MB) today, a blueprint to confront Africa’s pressing challenges and to help put the continent firmly back on track ...
    05/29/2024 - 6:37 am | View Link
  • State of the World from NPR
    The world is changing in big ways every day. State of the World from NPR takes you where the news is happening — and explains why it matters. With bureaus spanning the globe, NPR reporters bring ...
    05/26/2024 - 12:59 pm | View Link
  • Research and Publications
    The Business of the State uses new evidence covering 91 countries from the World Bank’s Global Businesses of the State database to highlight the distinction between businesses of the state and ...
    05/17/2024 - 7:26 pm | View Link
  • Climate Change
    If we don’t ensure that the planet remains livable for all, it won’t be livable for anyone. In 2019, the World Bank financed a transportation project in the coastal Western Area Urban District which ...
    05/4/2024 - 6:44 pm | View Link
  • World reacts to Israel's reprisal attack on Iran
    Countries around the world are working to ensure tensions between Israel and Iran do not escalate further after the two nations exchanged targeted attacks. Sam Vinograd, a CBS News homeland ...
    04/18/2024 - 1:00 pm | View Link
  • More

 

Welcome to Wopular!

Welcome to Wopular

Wopular is an online newspaper rack, giving you a summary view of the top headlines from the top news sites.

Senh Duong (Founder)
Wopular, MWB, RottenTomatoes

Subscribe to Wopular's RSS Fan Wopular on Facebook Follow Wopular on Twitter Follow Wopular on Google Plus

MoviesWithButter : Our Sister Site

More World News