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News Link • Welfare: Political

Beijing-Based IMF? Lagarde Ponders China Gaining on U.S. Economy

• Bloomberg
.... The IMF founding members "decided that the institution would be headquartered in the country which had the biggest share of the quota, which chipped in the biggest amount and contributed most. And that is still today the United States," she said in response to questions at the London School of Economics. "But the way things are going, I wouldn't be surprised if one of these days the IMF was headquartered in Beijing....

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