IMF boss speaks out on China’s role

“The under-representation of China and other emerging markets is just not right. Not right!”

International Monetary Fund Managing Director Christine Lagarde attends a conference about the future of the Euro zone in Paris

Christine Lagarde

IMF boss Christine Lagarde tells the Financial Times that she considers it an anachronism that China doesn’t have a bigger say on multilateral issues but that reform plans have failed to be ratified by the US Congress. She adds: “This is very frustrating. I spent a lot of time with members of Congress last year trying to to show them how ridiculous it is to stand in the way of change. I will keep pushing.”

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