Lagarde to visit China in June to discuss IMF bid

Reuters

"Madame Lagarde will visit China in early June. Relevant responsible officials from the People's Bank of China will meet with her," the ministry's spokesman Hong Lei said.

"The selection of the deputy executive general and others is crucial to the vigorous reform of international financial institutions. The selection of management should respect the principles of being merit-based and transparent," he said.

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(Reporting by Ben Blanchard)