Chinese Foreign Ministry Spokesperson Wang Wenbin at the regular press briefing in Beijing on March 22, 2023. Image via the Chinese Ministry of Foreign Affairs.
Ajay Banga’s candidacy to become the next president of the World Bank encountered turbulence when the Chinese government hinted that it would oppose his nomination.
Banga spent the day in the Chinese capital on Wednesday, meeting with Finance Minister Liu Kun, senior officials at the central bank and Asian Infrastructure Investment Bank President Jin Liqun. Those meetings all seemed like they went well, based on outward appearances.
Lead the Conversation on China
Subscribe Today to Get Full Access to The China-Global South Project
$19.00 / monthly
Cancel Anytime - Renews Monthly
$199.99 / yearly
Check Out Everything You'll Get With Your Subscription
The China-Global South Daily Brief delivered to your inbox at 6AM Washington time
Full access to exclusive news and analysis from editors based in the Global South
The world’s most powerful finance ministers, central bank heads and development finance leaders met on Saturday in Bengaluru, India for a highly-anticipated roundtable that many hoped would unblock the current impasse on ...