China pledges $40 bln to IMF, vies for greater global presence

At the recent G20 summit in England, China promised $40 bln to IMF’s total $750 bln rescue package. China’s premiere business magazine Caijing points out this sum, 5.3 percent of the entire $750 billion pledged, is well above China’s 3.8 voting share in the IMF. This has left some wondering if China is stepping up to the global economic plate.

China Ponies Up Significant Scratch to the IMF
G20 Members to Inject US$750 Bln into IMF, Caijing Magazine