IMF SDR Basket – Renminbi Weight & U.S. Opposition
Current understanding
To be populated as evidence accumulates.
Evidence log
- 2025-02-11 — China Exchange Rate Transparency Act of 2025: cross-connection with china-exchange-rate-transparency-act: Both use U.S. voice-and-vote at the IMF as a lever on China — SDR weight opposition and quota/voting-share conditionality tied to exchange-rate transparency. (novelty: 2)
- 2025-02-11 — Chinese Currency Accountability Act of 2025: Chinese Currency Accountability Act of 2025 (introduced) would direct Treasury to instruct U.S. IMF representatives to oppose any increase in the renminbi’s SDR basket weight unless China is certified compliant with IMF member obligations, has not manipulated its currency in the prior 12 months, and adheres to Paris Club and OECD Arrangement on Officially Supported Export Credits rules. (novelty: 2)