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Mr Wen Jiabao (third from left) and other leaders at the ASEM summit (Photo: Belgian presidency)

Chinese leader urges EU to give up more IMF power

Chinese Premier Wen Jiabao has hinted that Europe may need to sweeten its offer on reforming the International Monetary Fund before a deal can be agreed next month.

The issue was one of several topics to be addressed by Asian and EU leaders (ASEM) meeting in Brussels on Monday (4 October) as part of a two-day session of talks, with an ongoing territorial row between China and Japan adding spice to the atmosphere.

The EU last week offered to reduce its number of seats on the boa...

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Mr Wen Jiabao (third from left) and other leaders at the ASEM summit (Photo: Belgian presidency)

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