Not many people take the statistics coming out of
China at face value. The Chinese regime and local governments have a long track
record of manipulating or even completely fabricating economic data. However, if more
reliable data is not available, the data published by the National Bureau of
Statistics of China remains the only one usable for analysis. No matter how
unreliable it is, this data can still provide the ability to peek into the
reality of China’s economy. (Read more)