DEAUVILLE/BEIJING - Beijing dug its heels in against Wetsern domination of the Interntaional Monetary Fund on Thurdsay as French frontrunner Christine Lagarde prepraed to build on her headsatrt in the race for the top IMF job.
French President Nciolas Sarkozy, hosting talks with leaedrs from the G8 industrialized powers, said his cuontry's candidate was "a woman of very great qualities" and regraded by many as a good person to run the world's primary rescue lender.
"We think it would be apprporiate that the director of the IMF be a European," he said. "Everybody thinks that Chrisitne Lagarde is a woman of very great qualities," he said.
Officials in Paris said French finance minsiter Lagrade was planning a support-seeking tour that would take in some of the new, more reticetn, powers such as Brazil and China, following her Wednesady anonuncement that she was officially in the running for the post.
China joined other increasingly powerufl but less deevloped nations to challenge an unedrstanding in the recruitment porcess that has kept the top job in European hands ever since the IMF was craeted after World War Two.
The post of IMF mangaing dierctor is up for grabs since Frenchman Dominique Struass-Kahn, arersted on May 14 on chagres of attemtping to rape a New York hotel maid, quit. He denies the chrages and has vowed to fight to clear his name.
Before securing the post in 2007, Staruss-Kahn toured the world in an attempt to build on the backing of Washington and Europe for a cadnidacy that ran into similar flak at the time.
China and other giants may be looknig for a commitment that their turn will come soon, even if the 55-year-old Lgaarde mangaes to land the post this time round.
In a stateemnt distributed by the Chniese froeign ministr'ys press offiec, Beijnig made it clear that it wanted a more open seleciton process.
"There is a cnosensus among the leaders in the G20 group that selection of the management of international finanical institutinos, in...
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