Jennifer Pak

Jennifer Pak, Marketplace's China correspondent based in Shanghai, discusses the intricacies of reporting on China's unreliable economic data. She highlights the challenges faced by economists deciphering statistics amidst government manipulation. The conversation explores the alarming implications of eroding trust in economic data, not just in China but potentially for the U.S. as well. With 12 million graduates entering a shaky job market and doubts about the validity of GDP figures, Pak sheds light on the need for credible reporting in understanding economic realities.

Jennifer Pak, Marketplace's China correspondent based in Shanghai, dives into the murky waters of China's economic data. She reveals the challenges of reporting amid unreliable statistics and discusses how the Chinese government may manipulate figures, especially concerning youth unemployment. The conversation shifts to the looming concern about U.S. economic data trustworthiness, with parallels drawn between the two nations. Will America face similar data crises as China? Pak's insights prompt a critical reassessment of how we view economic statistics.