2012.05.04 04:02:37 MARKET TALK: Taiwan April Exports Likely Fall 2.90% On-Year -Poll

BEIJING (Dow Jones)--China is going to make significant contributions to the International Monetary Fund's fundraising, and the IMF is satisfied with China's stance, said the fund's No. 2 official, according to a Friday report in China Business News. China said late April it would contribute fresh funds to the IMF, but hasn't yet announced any specific amount. IMF Deputy Managing Director David Lipton also said it would be up to market participants to decide if they want to hold the yuan and trade in the currency, in response to a question on whether the yuan would be included in the fund's Special Drawing Rights basket soon, according to the report in Chinese. The IMF welcomes any actions by China to broaden the use of the yuan, as that would help lay a good economic foundation for more uses of the currency in trade and finance, the report cited him as saying. Newspaper website: http://www.yicai.com/ -By China Bureau, Dow Jones Newswires; (8610) 8400-7799; djnews.beijing@dowjones.com (END) Dow Jones Newswires May 03, 2012 22:03 ET (02:03 GMT)