World Bank Increases Voting Rights For China -- Voice of America
The World Bank announced its passage on Sunday of what it calls a "historic" package of reforms at the end of key meetings of global finance leaders. The package includes a massive increase in capital for the institution, its first in 20 years, and an increase in voting rights of China and other developing and emerging nations. Greece's debt crisis was also discussed at the World Bank and at the International Monetary Fund, or IMF.
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