The official data regarding the economy in China has been under scrutiny from investors and economists for a long time and now according to a professor at the Peking University there is good reason for people to have believed that the statistics provided were not entirely true.
The economic statistics provided by China show that rural homes have been more in demand than urban homes, yet private economists show that the cities are growing faster. The statistics indicate growth in housing which is higher than the economic growth, when compared to America this is not a true representation of the countries growth.
For everyone who has investments in China this is very disturbing news, although the question that springs to mind is how would China go about fixing their statistics or their reality to match the statistics.
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