China to the Rescue
Yi Xianrong, China View | March 25, 2009
Brazil, Russia, India and China, the "BRIC" countries, have called the IMF to implement sweeping reforms "to adapt to the ever-changing global financial situation." ++ To give the IMF greater legitimacy, reforms should "give proper representation to and increase the say of emerging developing economies. " ++ As the world's third largest economy, China should get a place in the monetary body. ++ China's relatively strong economy is "more suited to play a leading role in rescuing the struggling world economy.
