{"id":9829,"date":"2009-02-09T00:00:00","date_gmt":"2009-02-09T00:00:00","guid":{"rendered":""},"modified":"-0001-11-30T00:00:00","modified_gmt":"-0001-11-30T04:00:00","slug":"china-wants-imf-to-be-tougher-with-rich-states","status":"publish","type":"post","link":"https:\/\/hedgeco.net\/news\/02\/2009\/china-wants-imf-to-be-tougher-with-rich-states.html","title":{"rendered":"China wants IMF to be tougher with rich states"},"content":{"rendered":"<p>Reuters &#8211; China, setting out its stall for the next global financial summit, wants the International Monetary Fund to get tougher with developed countries that let their economies run off the rails. <\/p>\n<p>In a position paper prepared for the April 2 meeting in London of the Group of 20, China calls for more power for developing countries in the IMF and World Bank and issues a warning against investment protection.<\/p>\n<p>On financial regulation, the memo says accounting standards and credit ratings should be adjusted to contain the &quot;pro-cyclical&quot; bias of financial institutions to ramp up lending and investment when times are good, leading to excessive risks.<\/p>\n<p><a href=\"http:\/\/www.hedgeco.net\/news\/news_land.php?i=http:\/\/uk.reuters.com\/article\/marketsNewsUS\/idUKPEK17709220090209\" target=\"_blank\"><strong>Read Complete Article<\/strong><\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Reuters &#8211; China, setting out its stall for the next global financial summit, wants the International Monetary Fund to get tougher with developed countries that let their economies run off the rails. In a position paper prepared for the April [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[7177,546,7173,325,7174,7171,1301,7178,7172,7175,3364,7176,4326,7179],"class_list":["post-9829","post","type-post","status-publish","format-standard","hentry","category-syndicated","tag-accounting-standards","tag-bias","tag-china-calls","tag-developing-countries","tag-excessive-risks","tag-financial-summit","tag-financial-institutions","tag-imf","tag-international-monetary-fund","tag-investment-protection","tag-london","tag-position-paper","tag-reuters","tag-world-bank"],"_links":{"self":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/9829","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/comments?post=9829"}],"version-history":[{"count":0,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/9829\/revisions"}],"wp:attachment":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=9829"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=9829"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=9829"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}