Report says US offers China IMF role deal

The US is quietly offering the prospect that it will help China secure more power in the International Monetary Fund (IMF) if Beijing lets the yuan appreciate further against the dollar, the Wall Street Journal reported.

"If we're going to give China or any other country ... greater weight in the IMF, then they need to take their responsibilities in that institution seriously, and they need to play by the rules as they're laid out," the paper quoted Timothy Adams, US treasury undersecretary for

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