Cash to come with conditions

South China Morning Post

Teddy Ng
June 18, 2012

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 China is expected to show its commitment to injecting resources into the International Monetary Fund to help Europe in the G20 summit in Mexico, but the contribution will come with a condition - that emerging markets are better represented in the IMF, analysts say.

 The two-day summit, which begins today in Los Cabos, will largely focus on the lingering euro-zone crisis. But China and other emerging markets do not want Europe to dominate the agenda, and are expecting its push to give less-developed nations greater presence on the IMF will run into resistance by advanced economies that do not want …

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