Brother Jacob Prasch gives a good breakdown of Cho's beliefs on his website about Cho's book called "The Fourth Dimension."
http://moriel.org/MorielArchive/index.php/discernment/church-issues/aberrational-theology/dangers-of-the-fourth-dimension
Here is an excerpt:
The second main error in Yonggi Cho’s Fourth Dimension teachings are are his ideas of imagination and visualization.
As we look at the word “imagination†in the NASB we find it appears twice.
A rich man’s wealth is his strong city,
And like a high wall in his own imagination. (Prov. 18:11)
Thus says the LORD of hosts,
"Do not listen to the words of the prophets who are prophesying to you.
They are leading you into futility;
They speak a vision of their own imagination,
Not from the mouth of the LORD. (Jer. 23:16)
In both cases it speaks of a delusion: the delusion of trusting in riches and the delusion of the false prophets who prophesy what is in their minds rather than God’s word.
Let’s try “imaginationsâ€Â; it appears once.
Therefore pride is their necklace;
The garment of violence covers them.
Their eye bulges from fatness;
The imaginations of their heart run riot.
They mock and wickedly speak of oppression;
They speak from on high. (Ps. 73:6-8)
Along with this is the classic passage in Jeremiah 17:9…
The heart is more deceitful than all else
And is desperately sick;
Who can understand it?
A simple search of how the Bible deals with imaginations reveals that it is hardly something to be trusted. Yet Yonggi Cho claims:
“Until you see your husband clearly in your imagination you can’t order because God will never answer. You must see him clearly before you begin to pray. God never answers vague prayers.†(pg. 11)
Visions and dreams are the language of the fourth dimension, and the Holy Spirit communicates through them. Only through a vision and a dream can you visualize and dream bigger churches. You can visualize a new mission field. You can visualize the increase of your church. Through visualizing and dreaming your can incubate your future and hatch the results. (pg. 31-32)
It sounds great to itching ears. All you have to do is make a clear image in your mind, and then by using the “laws of faith†you can “order†what you want and God will give it to you. He then goes on to say how he imagined a church of thousands and it came to reality.
Actually, the Holy Spirit communicates to us through the Word. (Heb. 1:1; Jn. 14:26)
Through envisioning and dreaming we can kick away the wall of limitations and can stretch out to the universe. That is the reason God’s Word says “Where there is no vision the people perishâ€Â. If you have no vision you are not being creative; and if you stop being creative then you are going to perish. (pg. 31)
Yonggi Cho seems to forget that Jesus put a big limitation on prayer and what we can do — it is something called “God’s willâ€Â.
And this is the confidence that we have toward him, that if we ask anything according to his will he hears us. (1 Jn. 5:14)
Where there is no vision the people perish? The word used for “vision†here is “chazonâ€Â. It is not the kind of vision you imagine in your mind — that would be “maskitâ€Â. Chazon means “revelationâ€Â. Where there is no revelation the people perish. Revelation comes to us through the Word. (Heb. 1:1) It no longer comes as it did in former times in various ways, etc. Where there is no understanding of the Word, the people perish. What does the Word really say?
Where there is no prophetic vision the people cast off restraint.
But blessed is he who keeps the law. (Prov. 29:18)
The verse clearly says that having a vision is associated with keeping Scripture. Any real vision will be founded on Scripture. It is not something that we “create in our mindsâ€Â. It contrasts “not having vision†with keeping the Law. Those with no revelation cast off restraint, but the blessed person keeps the Word of God. That is the sense of the verse which has its equivalent in 2 Corinthians 12:1, “I will go on to visions and revelationsâ€Â. The Greek word for “revelation†here is “apokalupsisâ€Â — something that is hidden and must be unveiled; the true understanding of revelation.
Yonggi Cho says that visions help us “kick away all the walls of limitationsâ€Â. The Bible says without revelation we cast off restraint. Yonggi Cho’s vision is not the biblical chazon, a revelation through the Word, but something they “createâ€Âin their mind.
If you have no vision you are not being creative. (pg. 31)
And the LORD said to me: "The prophets are prophesying lies in my name. I did not send them, nor did I command them or speak to them. They are prophesying to you a lying vision, worthless divination, and the deceit of their own minds. (Jer 14:4)
Thus says the LORD of hosts: "Do not listen to the words of the prophets who prophesy to you, filling you with vain hopes. They speak visions of their own minds, not from the mouth of the LORD.( Jer. 23:16)
Cho and Rick Warren recently had breakfast together. In response to Rick’s question concerning his ministry, Cho replied, “As a minister, you should know that prayer is the foundation of church growth and revival. [Y]ou should have visions and dreams because [these] are the vessels through which God works.†[Editor's Note: This quote originally found at http://pastors.com/articles/ChoInterview.asp but no longer viewable on the web.]
"We should always try to visualize the end result as we pray [or] it cannot become a reality. Through visualizing and dreaming, you can incubate your future and hatch the results. (pg. 48)
If only the apostles had understood this they could have imagined that Nero would disappear. Paul could have visualized many people getting saved in Athens rather than wasting his time preaching the Gospel so that just “a few were savedâ€Â. The modern charismatic teaching on visualization is foreign to the Bible.
Yonggie Cho writes, “I claim that I could build a church which has more than 10,000 members in the states, as well as Germany or in Tokyoâ€Â. (pg. 20)
Well Mr. Cho, that was 1979, more than 30 years ago. Couldn’t even one of your hundreds of thousands of disciples make the short trip to Japan and put your teaching into practice?
“Those members are inside of me, growing, and as the vision grows inside of me, the same is growing outside.†(pg. 18)
The example of Joseph gives us a biblical view of prayer. Yes, Joseph was given a dream, but it was hardly his goal to reign over his brothers and parents. As he continued faithful to God, things went from bad to worse as he was rejected by his brothers, sold as a slave, taken to Egypt, sent to prison. There is no conceivable way that Joseph imagined these things or brought them to pass through the fourth dimensional laws; he just remained faithful to God. At the end of his life he could look back and see God’s hand in it all. He could see that the suffering was necessary. He could see that even the betrayal by his brothers was God’s way of bringing about the salvation of his family.
Paul’s desire was to preach to the Jews yet God sent him to the Gentiles. God knows what we need. Yes we may pray specific prayers, we should learn God’s ways through studying His Word so that in time we will begin to understand His will to the extent that we may pray His will confidently, but even then our imagination remains a part of the soul and until the resurrection we are fallen creatures. The Word-Faith Movement, including Yonggi Cho, raises man to the level of God.