China ‘exaggerated’ GDP data by 2 percentage points for at least nine years, new study says

//China ‘exaggerated’ GDP data by 2 percentage points for at least nine years, new study says

China ‘exaggerated’ GDP data by 2 percentage points for at least nine years, new study says

China has overestimated its nominal and real growth rates by about 2 full percentage points on average between 2008 to 2016, with the miscalculation increasing each year, according to a new study published on Thursday.The results indicate that the actual size of China’s economy at the end of 2018 was well below the government’s official estimate.It also raises questions not only about the quality of economic data from the world’s second largest economy, but also the willingness of the…

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By | 2019-03-07T12:18:12+00:00 March 7th, 2019|Headlines|Comments Off on China ‘exaggerated’ GDP data by 2 percentage points for at least nine years, new study says