Bloomberg News

IMF’s Singh Says China Should Focus on Domestic Consumption

October 13, 2011

Oct. 13 (Bloomberg) -- China should focus on increasing domestic consumption rather than infrastructure spending, said Anoop Singh, the director of the International Monetary Fund’s Asia and Pacific department.

Asian policy makers face a “delicate” balancing act on encouraging growth and controlling inflation, he said at a news conference in Tokyo today.

To contact the reporter on this story: Sachiko Sakamaki in Tokyo at ssakamaki1@bloomberg.net

To contact the editor responsible for this story: Ken McCallum at kmccallum4@bloomberg.net


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