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The American Empire in a Changing World



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Thursday, October 11, 2012

''China’s IMF boycott undermines quest for clout''

From Reuters
By John Foley

''If China wants a bigger say at the IMF, boycotting the fund’s meeting in Japan is the wrong way to get it. The head of the central bank, Zhou Xiaochuan, withdrew on Oct. 10, amid a territorial dispute between the two countries. Yet the IMF is supposed to be about finance, not border politics. If China doesn’t agree, maybe it isn’t ready for a bigger role.''

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