China’s economy could be $1 trillion smaller than it says. A professor at Peking University lays out the case in a new working paper that finds some very strange patterns in China’s official statistics.
A professor at Peking University, lays out the case in a new working paper that finds some very strange patterns in China’s official statistics, which have long been viewed with skepticism. He believes the government manipulated housing price data between 2000 and 2011 to produce lower inflation results. Balding makes four key observations: