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From the article: David Malpass, a China hawk who is US President Donald Trump’s nominee to become the World Bank’s new president, will continue to play a “very important part” in trade negotiations with Beijing, senior US administration officials said on Wednesday. -- Despite the continuity between the administration’s and Malpass’s positions on the World Bank, his nomination has elicited strong opposition from some observers, who view him as a threat to multilateralism. “An incorrigible arsonist will now be our fire chief,” tweeted W. Gyude Moore, Liberia’s former minister of public works. “Man spends his adult life denigrating multilateralism and now has the ‘pleasure’ of running one of its pillars.” “David Malpass is a Trump loyalist who has committed economic malpractice on a wide range of topics, from dismissing the first signs of the 2008 global financial crisis to flirting with the abolition of the IMF,” Justin Sandefur, senior fellow at the Centre for Global Development, said in a statement. Malpass also served as chief economist at the now-defunct investment bank Bear Stearns, which collapsed during the 2008 financial crisis. Seven months previously, he had written a commentary for The Wall Street Journal titled “Don't Panic About the Credit Market” that played down indications of the looming financial disaster. “There is no case for Malpass on merit,” Sandefur said. “The question now is whether other nations represented on the World Bank’s board of governors will let the Trump administration undermine a key global institution.”  

From the article: China’s censorship-enabled internet model is spreading beyond its borders, at a time when more and more people in the world are gaining access to the internet, according to a new report. Michael Pisa, a policy fellow at the Washington-based think tank Center for Global Development (CGD) and former senior adviser to the U.S. undersecretary for international affairs in the Department of the Treasury, published a Feb. 5 report on worrying developments as the internet becomes more readily available to developing countries. While the number of internet users around the world increased to more than 3 billion in 2015 from 1 billion in 2005, the report pointed out that “today, more than 65 percent of the roughly four billion people in the world without internet access live in countries with a per capita GDP of less than $3,895 a year.” Facebook and Google, in particular, have made inroads in developing nations. Facebook now has 2.3 billion monthly active users who live in Africa and Asia, while Google operates domains in about 200 countries and territories, with an estimated global market share of up to 92 percent. In addition, more than 2 billion devices worldwide are powered by Google’s Android operating system, according to the report. But a more pressing concern is that those countries could be attracted to China’s restrictive internet model. “An increasing number of governments have shown an interest in adopting China’s authoritarian [internet] model, which uses digital tools to support surveillance and stifle dissent—and Chinese officials appear eager to share their expertise,” the report stated. Chinese officials have taken active steps to spread its model overseas. The CGD report, citing a 2018 report by U.S.-based independent watchdog Freedom House, said that in 2018, “Beijing took steps to propagate its model abroad by conducting large-scale trainings of foreign officials [from at least 36 countries], providing technology to authoritarian governments, and demanding that international companies abide by its content regulations, even when operating outside of China.” -- The demand by governments such as India and Vietnam for “data localization,” a policy pioneered by China that requires international companies to store data in local servers, is also a concern, given that it will “raise the cost of doing cross-border business,” the CGD report stated. It also questioned the validity of a cybersecurity claim for having such policies.

From the article: WASHINGTON — President Trump on Wednesday nominated David Malpass, one of his top economic advisers and a Wall Street veteran, to be the next president of the World Bank. Mr. Malpass, currently the under secretary for international affairs at the Treasury Department, is a longtime critic of the World Bank’s lending practices and its business model and has expressed concern about the power that such multilateral institutions exert. -- If approved by the bank’s board, Mr. Malpass could put additional pressure on China at a time when it is locked in a protracted battle with the United States over geopolitical and economic dominance. The Trump administration been urging the bank to reduce lending to China, which since 2016 has received more than $7.8 billion in loans, according to the Center for Global Development. In 2017 comments at the Council on Foreign Relations, Mr. Malpass argued that this should change. -- “As the U.S. candidate, David Malpass will have a lot of work to do to convince other shareholders that he is prepared to move beyond his past statements and track record when it comes to the World Bank’s agenda,” said Scott Morris, senior fellow at the Center for Global Development and former Treasury deputy assistant secretary for development finance and debt. “That includes the bank’s critical role in climate finance and the need for constructive engagement with China.”