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Lagarde woos China over IMF job


Lagarde woos China over IMF job


French Finance Minister Christine Lagarde has been in China as she continues her world tour looking for backing for the top job at the International Monetary Fund.

In Beijing – at meetings with the Vice Premier and central bank chief Lagarde said she would like China to have greater power at the IMF though she also stressed the euro zone crisis would be a priority if she wins the post.

China has not said whether it supports Lagarde.

She said her talks with Chinese central bank and finance ministry officials about her candidacy were positive, but she stopped short of claiming Beijing’s outright support.

“I’m very positive about my trip to China but the decision does not belong to me. It belongs to the Chinese authorities,” she told a news conference at the French embassy in Beijing.

“I’m confident, I’m very positive about the meetings I’ve had so far. Some governments and some countries have decided to go public early. My sense is that it’s too early to count your chickens if I may say.”

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