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How Much Does China Lie About Its Economic Statistics?

Economics Explained

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Introduction

China is one of the most important economies in the world, not only because of its sheer size but also because of the influence it has over its region. The validity and reliability of their economic data is something that has a very real impact on the way that we manage our own economies. This could include anything from inflating output figures to misrepresenting employment data. Since representing economic figures can do a lot more harm than bruising a few egos and allocating credit where it's not really due, it can seriously impact the quality of life of,. in China's case, billions of people.

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