China will go down in three of the most weighty of votes at the IMF

China on the basis of the forthcoming reform of quotas and votes at the IMF could take a third or even second place in the organization in terms of power after the main "shareholder" of the IMF - the U.S., reports Reuters referring to the working materials fund.

In such a scenario, which has not yet been approved, China will leave behind the "old" economic powers have traditionally been in the fund on the first cast - Germany, France and Britain.

Future redistribution of voting rights in the IMF will take a more prominent position in the fund of many developing countries, including Brazil, Russia, India, South Korea and Turkey, should be of document fund at the disposal of Reuters. The agency said that the developers have prepared four scenarios for reform of the redistribution of votes, three of which suggest that China will move into third place for "weight" in the IMF's current sixth position - more of the voting rights will be only in the U.S. and Japan.

According to one of the options for reform, China bypasses the volume of the voting rights in the IMF Japan and occupies second place behind the United States.

The relative weight in the IMF's other emerging powers will also increase. Thus, India has moved from the 11-th line on the 9 th, and Brazil - from 14 th to 11 th. On what kind of place will be after the redistribution of quotas Russia, the agency does not disclose.

On Tuesday, Russia and China after talks between the two leaders, Dmitry Medvedev and Hu Jintao called on the G20 countries to agree on a specific mechanism of the reform of quotas and votes in the IMF before the next summit of the Twenties, "which will be held in Seoul from November 11-12. «G20 should make sure that the goals of reform IMF quotas set by the summit of Pittsburgh, have been made to hold a summit in Seoul", - said in a joint statement, Medvedev and Hu Jintao.

Summit in Pittsburgh in September last year, the country's "Twenty" agreed on the reallocation of IMF quotas by 5% in favor of developing countries. At the same time, the BRIC countries (Brazil, Russia, India and China) proposed to increase the quotas of developing countries in the IMF by 7%.