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3Novices:The three government numbers China’s economists trust least

Of the 70 or so economic indicators produced by various Chinese government agencies, three are particularly untrustworthy – the figures for the jobless rate, fixed asset investment and personal income, according to a leading investment bank.
In a research note published on Thursday by China International Capital Corporation (CICC), the bank’s economists, led by Liang Hong, wrote that the country’s fixed-asset investment data compiled by the National Bureau of Statistics was…
June 16, 2017 at 06:23PM http://ift.tt/2tuXPrA
#3Novices #News #OnlineMedia #China 3Novices China

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