IMF could be based in Beijing in a decade: Lagarde

WASHINGTON (Reuters) - The International Monetary Fund could be based in Beijing in a decade if growth trends for China and other big emerging markets continue and these are reflected in the Fund's voting structure, IMF Managing Director Christine Lagarde said on Monday.

Lagarde said at a Center for Global Development event in Washington that such a move was "a possibility" because the Fund will need to increase the representation of major emerging markets as their economies grow larger and more influential.

https://www.reuters.com/article/us-imf-china-lagarde-idUSKBN1A922L

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