Top Biz News

    IMF plans to boost bigger say for China

    (China Daily, Xinhua)
    Updated: 2006-09-18 08:47
    Large Medium Small

    A plan by the International Monetary Fund (IMF) to boost China's voting rights is not aimed at putting more pressure on Beijing to make its exchange rate flexible or undertake other policy changes, IMF chief Rodrigo de Rato said yesterday.

    The 184-member institution plans to adjust its existing structure by immediately boosting the quotas of China, South Korea, Turkey and Mexico and later rework the voting rights of all member nations within two years.

    While most countries back the plan, ensuring its passage today, the Group of Seven industrialized countries that dominate the IMF have at the same time been urging China to ease its controls on the currency exchange rate.

    Welcoming the IMF changes, Zhou Xiaochuan, governor of the People's Bank of China, reiterated that China would reform its foreign exchange regime in a "gradual, effective, and controllable" way.

    Zhou said that China is a big country and has to consider many aspects in its policymaking.

    He downplayed the role of the yuan's exchange rate in resolving global trade imbalances.

    "Structural policy plays a much larger role compared with the exchange rate," he said.

    De Rato said the move to boost China's voting share was just a recognition of its economic strength and was not linked to any reciprocal action.

    "The international community recognizes that China has increased its role in the world economy," de Rato told reporters. "I don't think ... a bigger role in the institution (IMF) makes you subject to more pressures."

    Being a member of the IMF, China is already under its surveillance and the fund regularly communicates its view on the challenges confronting the Chinese economy just as it does with all other member countries, he said.

    De Rato, however, acknowledged that more power often brings more responsibility.

    A bigger voice at IMF "would allow you to express your views but, of course, you will listen to the views of others," he said. "That happens to the first share holder and the last shareholder."

       Previous Page 1 2 Next Page  

    中文字幕在线观看国产| 无码人妻精品中文字幕免费东京热| 91精品日韩人妻无码久久不卡| 最近2018中文字幕免费视频| av无码专区| 亚洲VA中文字幕无码一二三区| 亚洲中文字幕无码久久精品1 | 亚洲人成影院在线无码观看| av无码人妻一区二区三区牛牛| 中文字幕丰满乱孑伦无码专区| 精品无码久久久久久尤物| 无码人妻一区二区三区一| 亚洲AV区无码字幕中文色| 18禁无遮拦无码国产在线播放 | 亚洲欧美精品一区久久中文字幕| 熟妇人妻中文a∨无码| 久久久久久亚洲Av无码精品专口| 中文字幕日韩精品无码内射| 日韩乱码人妻无码中文字幕视频| 久久亚洲中文字幕精品一区| 国产成人无码专区| 狠狠躁夜夜躁无码中文字幕| 亚洲成A人片在线观看无码不卡| 久久AV无码精品人妻糸列| 最近免费中文字幕mv电影| 韩国中文字幕毛片| 最新中文字幕av无码专区| 无码人妻精品一区二区三区99不卡| 韩国免费a级作爱片无码| 日韩人妻无码精品久久久不卡| 亚洲乱亚洲乱妇无码麻豆| 特级做A爰片毛片免费看无码| 中文无码精品一区二区三区| 免费无码中文字幕A级毛片| 无码专区中文字幕无码| 无码中文av有码中文a| 最近中文字幕在线中文高清版| 亚洲一本大道无码av天堂| 综合国产在线观看无码| 中文字幕人成人乱码亚洲电影| 波多野结衣中文在线|