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To: RealMuLan who wrote (10837)	1/18/2012 10:42:12 PM
From: Camster91	Read Replies (1) of 11555

RealMuLan, Should China contribute to IMF 1 trillion dollar eurozone rescue package in exchange for expanded voting privileges in the IMF? Thank you Camster --------------------------------------------------------------------------------------------------------------------------------------------- WASHINGTON, Jan. 18 (Xinhua) -- The Washington-based International Monetary Fund (IMF) said Wednesday that it will raise 500 billion U.S. dollars in additional resources to beef up its firewall, amid mounting worries over the ongoing eurozone debt crisis. "Based on staff's estimate of global potential financing needs of about 1 trillion dollars in the coming years, the Fund would aim to raise up to 500 billion dollars in additional lending resources," a Fund spokesman said in a short statement Wednesday. "This total includes the recent European commitment of about 200 billion dollars in increased Fund resources. At this preliminary stage, we are exploring options on funding and will have no further comment until the necessary consultations with the Fund's membership have been completed," added the spokesman.