China is still the mainstay of global growth and its economy is more than capable of achieving the annual growth target of around 7 percent despite the recent market swings, World Bank Group President Jim Yong Kim said on Friday.
"In light of the stock market fluctuations recently, I would like to emphasize that we believe China's economy is strong and its fundamentals are sound," Kim said at a news conference during his two-day visit to Beijing.
He said that the "around 7 percent" GDP growth rate is "still the envy of the world". "There's no question that China is increasing its role in development around the world."…
The World Bank president also met with the leadership team at the Multilateral Interim Secretariat of the Asian Infrastructure Investment Bank to discuss expanding cooperation between the two institutions.
Ecns.cn
Interesting fellow:
Jim Yong Kim MD, PhD, also known as Kim Yong (Hangul: 김용; born December 8, 1959), is a Korean American physician and anthropologist who has served as the 12th President of the World Bank since July 1, 2012.
A global health leader, he was formerly the Chair of the Department of Global Health and Social Medicine at Harvard Medical School, and a co-founder and executive director of Partners In Health before serving as the President of Dartmouth College from 2009 to 2012, becoming the first Asian American president of an Ivy League institution.[2][3]
Kim was named the world's 50th most powerful person by Forbes Magazine's List of The World's Most Powerful People in 2013.[4]
Born in Seoul, South Korea in 1959, Jim Yong Kim moved with his family to the U.S. at the age of five and grew up in Muscatine, Iowa. His father taught dentistry at the University of Iowa, while his mother received her PhD in philosophy.[5] Kim attended Muscatine High School, where he was valedictorian, president of his class, and played both quarterback for the football team and point guard on the basketball team. After a year and a half at the University of Iowa, he transferred to Brown University, where he graduated magna cum laude with an A.B. in 1982. He was awarded an M.D. at Harvard Medical School in 1991, and a PhD in anthropology at Harvard University in 1993.[6] He was among the first enrollees of Harvard's experimental MD/PhD program in the social sciences. — Wikipedia
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