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A very good piece on Chinese growth figures

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My father said that dont believe our gov's debt statistic,it is fake...
中国的总体债务水平持续增长,在这增长的背后,地方政府的债务问题是一大主因。
Maybe there r corruption here..
Many statistics of China are unknown to even citizens here.
I have known that during late 90s the gov reported lower growth rate.
 
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My father said that dont believe our gov's debt statistic,it is fake...
中国的总体债务水平持续增长,在这增长的背后,地方政府的债务问题是一大主因。
Maybe there r corruption here..
Many statistics of China are unknown to even citizens here.

Meh, faking government statistics are way hard than people like to believe. This is because key indicators of a nation is interconnected with a large of elements. Basically, if you fake one, you have to fake a dozen more to collaborate it and a dozen more for each one of those to make sure those appear right. Hence the whole saying if you don't want anyone to know, then the only way is not doing it.
 
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Meh, faking government statistics are way hard than people like to believe. This is because key indicators of a nation is interconnected with a large of elements. Basically, if you fake one, you have to fake a dozen more to collaborate it and a dozen more for each one of those to make sure those appear right. Hence the whole saying if you don't want anyone to know, then the only way is not doing it.

Try telling that to delusional people who think China GDP is fake, etc. In the electronic age and standardized accounting rules for most countries it's hard to fake data like you said unless you use vedic math.
 
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Try telling that to delusional people who think China GDP is fake, etc. In the electronic age and standardized accounting rules for most countries it's hard to fake data like you said unless you use vedic math.
True, only vedic math can help GDP number, especially the 2012 highlight.
 
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Try telling that to delusional people who think China GDP is fake, etc. In the electronic age and standardized accounting rules for most countries it's hard to fake data like you said unless you use vedic math.
大爷,你误会我了。
 
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