The IMF has changed its quota and voting share formulas.
The Executive Board proposes completion of the 14th General Review of Quotas with a doubling of quotas to approximately SDR 476.8 billion (about US$755.7 billion at current exchange rates) and a major realignment of quota shares among members. It will result in a shift of more than 6 percent of quota shares to dynamic emerging market and developing countries and more than 6 percent from over-represented to under-represented countries, while protecting the quota shares and voting power of the poorest members
China is number 3 in votes behind the USA and Japan. the USA with about 17% can still veto as a it takes a 85% vote to pass anything.
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