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How Much Does China Lie About Its Economic Statistics?

Economics Explained

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The Economics Explained Podcast by Anka

Economists must consider accuracy, precision and relevance of the data they are working with. China has a reputation more than any other country for misrepresenting their economic figures. What metrics can we look at to determine the true prosperity of an economy if the official figures are unreliable? We put China on the Economics Explained National Leaderboard using figures that were collected independently of official outlets. And see how it stacks up against its current position.

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