BizBeat Ep.240: Anti-China hysteria at the core of actions against IMF's Georgieva

The International Monetary Fund has reaffirmed its confidence in managing director Kristalina Georgieva, following intense scrutiny by the fund's board over allegations that she manipulated data to favor China when she served as World Bank CEO in 2017. Leading Economist Jeffery Sachs wrote in a Financial Times article that "many in the U.S. Congress want Georgieva out because she is not a sworn enemy of Beijing." In this episode of BizBeat, CGTN's Zhu Zhu argues that China's improving business environment also suggests that the allegations are baseless and is product of anti-China hysteria from the U.S..

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