U.S., IMF Clash Over Chinese Export Surplus | Business Matters (October 24)

International Monetary Fund Managing Director Kristalina Georgieva says that China is too large to continue relying on exports to drive its economy and faces dangerously slower growth unless it shifts toward a consumer-driven economic model. Georgieva said in an interview that China’s growth could fall below 4 percent in the medium term if it stays on its current path.