Bloomberg News

Merkel Sees China Having ‘More and More’ Power in the IMF

February 02, 2012

Feb. 2 (Bloomberg) -- China has “more and more” power in the International Monetary Fund, and Germany can work with the country for greater convertibility of the yuan, German Chancellor Angela Merkel said in Beijing today.

“How the yuan is going to be developed, how the yuan can be freely convertible -- in these areas we can work together,” Merkel said.

To contact the reporter on this story: Michael Forsythe in Beijing at mforsythe@bloomberg.net

To contact the editor responsible for this story: Nicholas Wadhams at nwadhams@bloomberg.net


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