Friday, June 10, 2011

::Lagarde Welcomed China, Carstens to India>>

Go Finance Reporting in BEIJING - Candidates Managing Director of the International Monetary Fund (IMF), Christine Lagarde expressed receives the impression of "positive" during a visit to China yesterday. The arrival of the French Finance Minister to the State Panda is done to garner support after the previous stop in India and Brazil.

In an interview with AFP, Lagarde said that she wanted to become the first woman in the IMF who served as managing director. It was revealed after he held talks with Chinese officials in a marathon on Wednesday (06/08/2011) in Beijing.

Previously, China, India and other developing countries trying to thwart the traditional domination of European countries on leadership at the IMF.

Developing countries assess the rule which has been used is outdated. However, so far developing countries refused to express opinions in public about his candidacy.

"I am very satisfied with the meeting in China. I feel very positive follow this conversation but it's up to them to convey the decision, "he said.

Lagarde said, fine if China wants to increase the representativeness of the IMF. He also praised Beijing's efforts in enabling the growth of the yuan as a positive step.

During the 55-year-old Beijing woman who is a former international lawyer is to meet with Foreign Minister Yang Jiechi, China's central bank governor Zhou Xiaochuan, Minister of Finance Xie Xuren, and Vice Prime Minister Wang Qishan.

Chinese Foreign Minister Yang Jiechi said, the competition to lead the IMF is very open. According to him, the meeting Lagarde convey a warm response as did the Finance Minister of India Pranab Mukherjee in New Delhi Tuesday, June 7 last.

In the meantime, the only serious competitor in the election of IMF Managing Director is the Governor of Central Bank of Mexico Agustin Carstens. Just as Lagarde, Carstens also heavily made visits to other countries to build support. Finally, he traveled to Canada on Tuesday (06/07/2011) then. He also scheduled a visit to India today after the previous visit to Argentina and Brazil.

From New Delhi, Indian Finance Minister Pranab Mukherjee said India's decision to support the candidate led the IMF is in the hands of Prime Minister Manmohan Singh. (GoFinance)

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