Korean-American Kim to lead World Bank
<p><span word="The">The</span> <span word="World">World</span> <span word="Bank">Bank</span> <span word="chose">chose</span> <span word="Korean">Korean</span>-<span word="American">American</span> <span word="physician">physician</span> <span word="Jim">Jim</span> <span word="Yong">Yong</span> <span word="Kim">Kim</span> <span word="as">as</span> <span word="its">its</span> <span word="next">next</span> <span word="chief">chief</span> <span word="on">on</span> <span word="Monday">Monday</span>, <span word="in">in</span> <span word="a">a</span> <span word="decision">decision</span> <span word="that">that</span> <span word="surprised">surprised</span> <span word="few">few</span> <span word="but">but</span> <span word="took">took</span> <span word="beating">beating</span> <span word="an">an</span> <span word="unprecedented">unprecedented</span> <span word="challenge">challenge</span> <span word="to">to</span> <span word="the">the</span> <span word="US">US</span> <span word="lock">lock</span> <span word="on">on</span> <span word="the">the</span> <span word="Bank">Bank</span>'<span word="s">s</span> <span word="presidency">presidency</span>.</p><p><span word="The">The</span> <span word="Bank">Bank</span> <span word="picked">picked</span> <span word="the">the</span> 52-<span word="year">year</span>-<span word="old">old</span> <span word="US">US</span> <span word="health">health</span> <span word="expert">expert</span> <span word="and">and</span> <span word="educator">educator</span> <span word="over">over</span> <span word="Nigerian">Nigerian</span> <span word="Finance">Finance</span> <span word="Minister">Minister</span> <span word="Ngozi">Ngozi</span> <span word="Okonjo">Okonjo</span>-<span word="Iweala">Iweala</span> <span word="amid">amid</span> <span word="rising">rising</span> <span word="pressure">pressure</span> <span word="from">from</span> <span word="emerging">emerging</span> <span word="and">and</span> <span word="developing">developing</span> <span word="countries">countries</span> <span word="for">for</span> <span word="the">the</span> <span word="huge">huge</span> <span word="development">development</span> <span word="lender">lender</span> <span word="to">to</span> <span word="recruit">recruit</span> <span word="one">one</span> <span word="of">of</span> <span word="their">their</span> <span word="own">own</span> <span word="for">for</span> <span word="a">a</span> <span word="leader">leader</span>.</p><p><span word="Kim">Kim</span>, <span word="the">the</span> <span word="president">president</span> <span word="of">of</span> <span word="Ivy">Ivy</span> <span word="League">League</span> <span word="university">university</span> <span word="Dartmouth">Dartmouth</span> <span word="College">College</span>, <span word="will">will</span> <span word="succeed">succeed</span> <span word="outgoing">outgoing</span> <span word="president">president</span> <span word="Robert">Robert</span> <span word="Zoellick">Zoellick</span>, <span word="a">a</span> <span word="former">former</span> <span word="US">US</span> <span word="diplomat">diplomat</span> <span word="who">who</span> <span word="is">is</span> <span word="departing">departing</span> <span word="in">in</span> <span word="June">June</span> <span word="at">at</span> <span word="the">the</span> <span word="end">end</span> <span word="of">of</span> <span word="his">his</span> <span word="five">five</span>-<span word="year">year</span> <span word="term">term</span>.</p><p><span word="After">After</span> <span word="the">the</span> <span word="first">first</span>-<span word="ever">ever</span> <span word="open">open</span> <span word="fight">fight</span> <span word="for">for</span> <span word="the">the</span> <span word="job">job</span>, <span word="the">the</span> <span word="Bank">Bank</span>'<span word="s">s</span> <span word="directors">directors</span> <span word="expressed">expressed</span> "<span word="deep">deep</span> <span word="appreciation">appreciation</span>" <span word="to">to</span> <span word="Kim">Kim</span>, <span word="Okonjo">Okonjo</span>-<span word="Iweala">Iweala</span> <span word="and">and</span> <span word="a">a</span> <span word="third">third</span> <span word="candidate">candidate</span>, <span word="Colombian">Colombian</span> <span word="economist">economist</span> <span word="Jose">Jose</span> <span word="Antonio">Antonio</span> <span word="Ocampo">Ocampo</span>, <span word="who">who</span> <span word="withdrew">withdrew</span> <span word="from">from</span> <span word="the">the</span> <span word="race">race</span> <span word="on">on</span> <span word="Friday">Friday</span>.</p><p>"<span word="Their">Their</span> <span word="candidacies">candidacies</span> <span word="enriched">enriched</span> <span word="the">the</span> <span word="discussion">discussion</span> <span word="of">of</span> <span word="the">the</span> <span word="role">role</span> <span word="of">of</span> <span word="the">the</span> <span word="president">president</span> <span word="and">and</span> <span word="of">of</span> <span word="the">the</span> <span word="World">World</span> <span word="Bank">Bank</span> <span word="Group">Group</span>'<span word="s">s</span> <span word="future">future</span> <span word="direction">direction</span>," <span word="the">the</span> <span word="Bank">Bank</span> <span word="said">said</span> <span word="in">in</span> <span word="a">a</span> <span word="statement">statement</span>.</p><p>"<span word="The">The</span> <span word="final">final</span> <span word="nominees">nominees</span> <span word="received">received</span> <span word="support">support</span> <span word="from">from</span> <span word="different">different</span> <span word="member">member</span> <span word="countries">countries</span>, <span word="which">which</span> <span word="reflected">reflected</span> <span word="the">the</span> <span word="high">high</span> <span word="caliber">caliber</span> <span word="of">of</span> <span word="the">the</span> <span word="candidates">candidates</span>."</p><p><span word="Regarding">Regarding</span> <span word="Kim">Kim</span>'<span word="s">s</span> <span word="nomination">nomination</span>, <span word="China">China</span> <span word="urged">urged</span> <span word="the">the</span> <span word="World">World</span> <span word="Bank">Bank</span> <span word="to">to</span> <span word="maintain">maintain</span> <span word="the">the</span> <span word="interest">interest</span> <span word="of">of</span> <span word="developing">developing</span> <span word="countries">countries</span> <span word="under">under</span> <span word="its">its</span> <span word="new">new</span> <span word="leadership">leadership</span>.</p><p><span word="China">China</span> <span word="hopes">hopes</span> <span word="the">the</span> <span word="next">next</span> <span word="World">World</span> <span word="Bank">Bank</span> <span word="president">president</span> <span word="will">will</span> <span word="continue">continue</span> <span word="to">to</span> <span word="promote">promote</span> <span word="the">the</span> <span word="World">World</span> <span word="Bank">Bank</span> <span word="governance">governance</span> <span word="reform">reform</span> <span word="and">and</span> <span word="further">further</span> <span word="improve">improve</span> <span word="the">the</span> <span word="voice">voice</span> <span word="and">and</span> <span word="representation">representation</span> <span word="of">of</span> <span word="developing">developing</span> <span word="countries">countries</span> <span word="in">in</span> <span word="the">the</span> <span word="World">World</span> <span word="Bank">Bank</span>, <span word="said">said</span> <span word="Chinese">Chinese</span> <span word="Foreign">Foreign</span> <span word="Ministry">Ministry</span> <span word="spokesman">spokesman</span> <span word="Liu">Liu</span> <span word="Weimin">Weimin</span>.</p>
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