The Growing Problem With China’s Unreliable Numbers

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Chinese economist Gao Shanwen told a Washington panel in December that China’s real GDP growth might be around 2% rather than the official figure near 5%. By January, Gao was no longer chief economist at SDIC Securities and went silent for almost a year.
As FT points out in a long piece, China does not publish quarterly GDP breakdowns showing consumption, investment and net exports. Every other major economy produces these figures.

The IMF in 2024 gave China a C grade for…



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The Growing Problem With China’s Unreliable Numbers


Chinese economist Gao Shanwen told a Washington panel in December that China’s real GDP growth might be around 2% rather than the official figure near 5%. By January, Gao was no longer chief economist at SDIC Securities and went silent for almost a year.
As FT points out in a long piece, China does not publish quarterly GDP breakdowns showing consumption, investment and net exports. Every other major economy produces these figures.

The IMF in 2024 gave China a C grade for…



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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