China sets up largest gold fund, page-26

There are 188 IMF member countries, virtually the whole world, all with voting power big and small, so to deny China a senior place by veto SHOULD be a difficult thing to justify.

"I think if China is blocked, then, the alternative structure it has so far assembled will be ramped up massively."
Thar makes total sense to me.
Interesting also to speculate how China will regard the IMF if and when it gets its senior position. Will it just be a case of 'conquer and move on?" I would think the BRICS alliance, its development banks, the New Silk Road, etc will be their priorities as they press on to make the USD redundant in their trading.
23.