China says selection of IMF chief should be based on merit

2011-05-17 08:43

Beijing – China’s Foreign Ministry said today that the selection for leadership of the International Monetary Fund (IMF) should be based on “fairness, transparency and merit”, but declined comment on the charges against its chief, Dominique Strauss-Kahn.

“We’ve taken note of this situation, and it would not be appropriate to comment further,” ministry spokeswoman Jiang Yu told a regular news briefing when asked about the arrest of Strauss on sexual assault charges.

“You also raised the issue of the selection of the fund’s senior leadership. We believe that this should be based on the principles of fairness, transparency and merit.”

Strauss-Kahn remains the head of the International Monetary Fund, but was denied bail and sent to a New York jail yesterday, a blow as he fights charges that he assaulted and tried to rape a hotel maid.

The IMF board met informally yesterday for an update on Strauss-Kahn, a French economist and politician, but it did not make a decision on whether to remove him from his job steering the organisation’s response to global economic challenges.

China is the biggest of the fast-growing emerging economies that will gain more say at the IMF under an agreement reached last year that reflects their growing economic power.

Join the conversation!

24.com encourages commentary submitted via MyNews24. Contributions of 200 words or more will be considered for publication.

We reserve editorial discretion to decide what will be published.
Read our comments policy for guidelines on contributions.

24.com publishes all comments posted on articles provided that they adhere to our Comments Policy. Should you wish to report a comment for editorial review, please do so by clicking the 'Report Comment' button to the right of each comment.

Comment on this story
0 comments
Comments have been closed for this article.

Inside News24

 
/News

Book flights

Compare, Book, Fly

Traffic Alerts
There are new stories on the homepage. Click here to see them.
 
English
Afrikaans
isiZulu

Hello 

Create Profile

Creating your profile will enable you to submit photos and stories to get published on News24.


Please provide a username for your profile page:

This username must be unique, cannot be edited and will be used in the URL to your profile page across the entire 24.com network.

Settings

Location Settings

News24 allows you to edit the display of certain components based on a location. If you wish to personalise the page based on your preferences, please select a location for each component and click "Submit" in order for the changes to take affect.




Facebook Sign-In

Hi News addict,

Join the News24 Community to be involved in breaking the news.

Log in with Facebook to comment and personalise news, weather and listings.