Learning to trust China's economic data

On the whole, China's statistics bureau produces numbers that are generally reliable, but it pays to know which are more accurate than others.

Learning to trust China's economic data
Ma Jiantang, director of the National Bureau of Statistics

China’s official data often invites scepticism and criticism regarding its accuracy. In fact, most of the statistics are on the whole reliable and useful, though it is true that some are inaccurate due to problems with their methodologies.

The quality of the data has been debated for years, but economists as well as critics agree that the long-run trend suggested by the numbers is approximately correct. “They are reliable enough for economists to draw valid...

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