(Bloomberg) -- Robert Zoellick, the next president
of the World Bank, defended lending to China in spite of the
country's record currency reserves and the fastest economic
growth of any major economy.
``China has grown a tremendous degree, but if you get out
in the countryside you still see there's an awful lot of
poverty,'' Zoellick said in his first interview since President
George W. Bush nominated him for the post on May 30. He added
that aid to Africa will be his top priority.
Read more at Bloomberg Exclusive News
of the World Bank, defended lending to China in spite of the
country's record currency reserves and the fastest economic
growth of any major economy.
``China has grown a tremendous degree, but if you get out
in the countryside you still see there's an awful lot of
poverty,'' Zoellick said in his first interview since President
George W. Bush nominated him for the post on May 30. He added
that aid to Africa will be his top priority.
Read more at Bloomberg Exclusive News
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