Why the IMF Might Be Wrong on China: ""Is the IMF's advice the right one? It's almost like the IMF is asking China to do a global duty, but at the moment there's a lot of debate on getting the right kind of growth," Chong Yoon Chou, investment director at Aberdeen Asset Management, told CNBC Asia's "Cash Flow."
"It's not about the number, but the type of growth that they [China's policymakers] want. It's not about building highways and airports as in the past, it's about developing consumer spending and other parts of the economy," he added, referring to a drive by Beijing to rebalance its economy away from investment and exports to consumption and the services sector."
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