IMF reorganization could give China stronger voice

05/14/2009 | China Daily (Beijing)

A restructured International Monetary Fund could put China ahead of Japan in its influence within the body, making it second to the U.S. Decision making in the IMF is based on a quota, which is related to the size of each nation's economy. "There is a possibility that China's quota will rise to second [after the U.S.] when the reform concludes by 2011," said Daisuke Kotegawa, the IMF's executive director for Japan.

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China Daily (Beijing)

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