- IMF states headquarters may be in China in future . China in UK securing Trade Deals right now UPDATE Yuan Trade deal reached with UK, No U.S. Dollars (Sherry Questioning All, June 17, 2014):
The U.S. is grasping at their waning control of the IMF, which is frustrating Christine Lagarde and other countries.
Lagarde said the IMF needs to make reforms but the U.S. has been blocking them. The IMF is suppose to be headquartered in the largest economy and that is going to be China in the future. Lagarde said the U.S. is blocking China, India and Brazil who are coming up strong from having a voice in the IMF.
The International Monetary Fund’s headquarters may one day move from Washington to Beijing, aligning with China’s growing influence in the world economy, the fund’s managing director Christine Lagarde said early this month. Continue reading »