Though it may not be popular in some countries, it's not a bad idea. Too many of these global organizations reflect a different time that no longer applies. (The UN comes to mind immediately.) China's economy is large enough where they should be more involved in the IMF:
He offered U.S. backing for a higher-profile role for China in running global institutions including the IMF -- an offer likely to draw resistance from Europe since it raises the sensitive issue of adjusting the voting shares in the global lender.
"The United States will fully support having China play a role in the principal cooperative arrangements that help shape the international system, a role that is commensurate with China's importance in the global economy," Geithner said.
In words clearly intended to soothe Chinese concerns that its vibrant export economy might be targeted by U.S. lawmakers who are feeling pressure from soaring American joblessness, Geithner said the Obama administration will resist any such moves.
