The failure to adjust quota shares undermines the representation, governance, and legitimacy of the IMF, china will, along with the other parties, continue to push for reforms of the IMF's quotas that will strengthen the voice and representation of emerging market economies.

Yi Gang

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Categorized in : Business
More Quotes From Yi Gang

Signs of disruptions have emerged in global trade and in global industry chains, supply chains, and value chains, trade tensions have dampened market confidence, which may amplify financial market volatility and drag down economic growth.

Yi Gang
business

Judging both from economic fundamentals and from market supply and demand, the RMB exchange rate is at an appropriate level.

Yi Gang
business

We believe the U.S. market is very important, so we granted 250 billion yuan in RQFII quotas to the United States.

Yi Gang
business

China's future economic growth will still be relatively quick. Around seven, six-point-something - these will all be very normal.

Yi Gang
business