Saturday, July 19, 2014

Chinese data dodgy


Everybody knows that Chinese economic data are suss.  When they say growth was 7.5%, it could be 6% or 9%.  The numbers are collected by the central statistical office from the regions, and there's always pressure to meet the target.  And "massaged" stats often differ from other time series which should move broadly together with the manipulated data.

So this article in Melbourne's The Age is interesting.  


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