China Supports IMF Funding Increase, Bank Governor Zhou Says - Bloomberg

China supports increasing funding for the International Monetary Fund and welcomes Europe’s efforts to strengthen its firewall against the region’s debt crisis, central bank Governor Zhou Xiaochuan said.

“We are supportive of international efforts to increase the lending capacity of the IMF,” Zhou said in a statement in Washington, where he was attending the spring meetings of the institution.

China “would like to emphasize that increase of quota resources is an integral part of increase of the Fund resources,” Zhou added.

To contact the reporter on this story: Ye Xie in New York at yxie6@bloomberg.net

To contact the editor responsible for this story: Joshua Goodman at jgoodman19@bloomberg.net