By David William Ferguson & Wang Ke
China.org.cn Multimedia Team

European Commissioner for External Relations and European Neighborhood Policy Benita Ferrero-Waldner visited China on March 29-30. During her visit, she held meetings with high-level Chinese counterparts, including Foreign Minister Yang Jiechi of MFA and Commerce Minister Chen Deming.

Today, she gave an exclusive TV interview to China.org.cn in which she expressed her concern about EU-China relations, common global problems, the upcoming G-20 meeting in London and the financial crisis.

3. If we could move on to look at the IMF and China’s role in the IMF - at the moment China is the 3rd largest economy in the world. It only has about 4% of IMF quotas. IMF quotas obviously play an important role in the contributions a country makes, in the level of borrowings it can indulge, and most importantly in the number of votes it has.

Do you believe China should play a more important role in organisations like the IMF and how do you see that evolving? Do you think that there is a general view internationally that it is time for China to play a more important role in the IMF?

(China.org.cn March 30, 2009)