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 national accounts. The
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