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IMF based in Beijing? Maybe in 2027, its director says

Lagarde points out that emerging and low-income countries now contribute around 60% of total GDP

Published Tue, Jul 25, 2017 · 09:50 PM

Washington

CHRISTINE Lagarde, the managing director of the International Monetary Fund (IMF), joked on Monday about donning "dream binoculars" and seeing the possibility of relocating the group's headquarters to China.

"We might not be sitting in Washington DC," Ms Lagarde said at a Center for Global Development event here in which she envisioned what the IMF might look like in 2027.