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China calls US Congress to ratify IMF reforms
中国呼吁美国会批准IMF改革
China is urging the U.S. Congress to adopt reforms to give emerging markets a bigger say at the International Monetary Fund.
China's Vice Finance Minister Zhu Guangyao made these comments today, saying the reforms should begin as soon as possible. That comes after the IMF delayed a crucial assessment
on the inclusion of the Chinese yuan in its reserves. An IMF reform was agreed in 2010 to give emerging markets more voting power. That reform has been delayed on the U.S.
Congress' veto.
