World Bank Urges China Reform Ahead of Trump-Xi Meeting
Washington D.C. – Outgoing World Bank President David Malpass has called on China to accelerate its economic reforms, emphasizing the need for greater transparency and market openness. The appeal comes just ahead of a highly anticipated meeting between U.S. President Donald Trump and Chinese President Xi Jinping in Beijing.
- Malpass stressed the importance of China moving towards a market-driven economy.
- He cited concerns over the level of state intervention.
- The remarks highlight ongoing global scrutiny of China’s economic practices.
- Analysts suggest Malpass’s statement could set the tone for discussions between Trump and Xi.
