BEIJING (AP) — China, the world's second-largest economy, said Thursday the next World Bank president should be selected on merit, going against a tradition that dictates the bank's head is an American.
World Bank President Robert Zoellick said Wednesday he will step down on June 30 at the end of a five-year term, during which he led the bank's response to the global financial crisis.
Foreign Minister spokesman Liu Weimin told a news conference that "China hopes that the World Bank will select the next president of the World Bank based on the merit principle of open and fair competition."
A non-American president would be a break from the informal agreement that dates to …
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