WASHINGTON, D.C. — Taiwan, a major economy the size of Poland but absent from global organizations, is making a long-shot push to join the International Monetary Fund (IMF), the 190-country organization that offers members emergency loans and other financial assistance.
WASHINGTON, D.C. — Taiwan , a major economy the size of Poland but absent from global organizations, is making a long-shot push to join the International Monetary Fund , the 190-country organization that offers members emergency loans and other financial assistance.' Taiwan 's membership at the IMF would help boost financial resilience,' the Taipei Economic and Cultural Representative Office in Washington said during this week's IMF and World Bank annual meetings.
Students take a photo as they visit the historic Penghu Tianhou Temple on the outlying Penghu Island, Taiwan, on Oct. 25, 2024. Taiwan’s intention to join the IMF is seen by China as a means by the ‘renegade’ province to move away from Beijing’s financial dominance. AP PHOTOBut China, which sees Taiwan as a breakaway province and threatens to annex it by force, has blocked such efforts and insists it represent Taiwan in international forums.
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