Investment Chart Kondratiev Wave

Investment Chart Kondratiev Wave

Friday 29 June 2012

Is China manipulating growth to 7.5%?!


Economic numbers are sometimes hard to collect, especially in China there are doubts about the growth and other numbers. The regional numbers in the regions are pushed up to get a favourable treatment from bejing. Numbers below zero are often made zero, because they don’t want to show a decline.

 The last years they are saying more and more that China is manipulating the numbers. It looks like China published too low numbers and has now a buffer for disappointing growth numbers.

Maybe that is why the government can say with so much confidence that growth in 2012 will be 7.5% (or higher).

Till it is clear that growth is decelerating in Q2, while Q1 was already bad (7.1% QoQ annualised, not yoy as China always publishes).

For more see also  http://www.nytimes.com/2012/06/23/business/global/chinese-data-said-to-be-manipulated-understating-its-slowdown.html?_r=1&hp

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