tirsdag 20. oktober 2015

No one believes China's growth, but...

China just told the world that it's economy is growing at 6.9%. Almost no one believes that.
The Communist Party in China values stability above all else. The Chinese government set a target of 7% economic growth this year, so it's no surprise that the country is reporting a figure very close to that". I once asked the premier of China: how reliable were Chinese statistics? He said not reliable, but they tell you which way the wind is blowing," says former ambassador Stapleton Roy, who is now at the Kissinger Institute on China and the U.S.  Read more