Accounting “forensics” show that Chinese GDP growth from 2008-2016 is 1.7pp lower and investment and savings rate in 2016 is 7pp than what was officially reported.

via brookings: DOWNLOAD Download the conference draft » ABSTRACT China’s national accounts are based on data collected by local governments. However, since local governments are rewarded for meeting growth and investment targets, they have an incentive to skew local statistics. China’s …

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