Post

Conversation

Noah Smith 🐇🇺🇸🇺🇦🇹🇼
@Noahpinion
Click to Subscribe to Noahpinion
This is a really great article about China's shitty economic data. I recommend the whole thing. Here are some key paragraphs.
Image
Quote
Michael Pettis
@michaelxpettis
1/8 Good FT piece on the increasing difficulty economists have in understanding, correlating and reconciling Chinese economic statistics. This leads to concerns among many analysts that GDP may be overstated, and fairly substantially. ft.com/content/5b9e74
90.9K
Views
David Watson 🥑
Post your reply

employee
@browsingatwork
I still can’t shake the feeling that their GDP is being underreported. I’m sure some of their numbers aren’t accurate, but I think the west is also failing to get how their economic system works
871
Zachary Keck
@ZacharyKeck
How come no one ever points out the USG grossly overestimated Soviet GDP because they relied too heavily on Soviet unreliable GDP numbers?
646
EspressotheWhite
@YHfrom1984
I’m sure economy of non-megacity area is cooked. And unemployment rate high based on whay my Chinese friend recently told me. However, data released by PRC showed low unemployment rate lmao. Some argue that unemployed people who work as didi driver or dasher weren’t count. Dumb.
74
CyberZigger
@CyberZigger
Americans are piss-scared of China and don't like to confront it's rise because it holds the mirror up to their own failings. That's undeniable and asking an econ professor from Chicago what he thinks says nothing about the state of China's actual economy.
581
ervin2001a
@ervin2001a
"This is a really great article about China's shitty economic data"? You people are absolutely right about China's fake high GDP! Why you & Americans etc so scare of China & US need to remove all tariffs on China since Apr 2025?🤭
141