China has been one of the major causes for concern in global equity markets this year. China GDP growth numbers remain solid, but the economic community has a general mistrust about the accuracy of China’s self-reported numbers.
In a new report, ANZ Research analyst Li-Gang Liu took a close look at China’s GDP numbers to see just how reliable they are.
New Era Of Transparency
Now that China has begun compiling its GDP numbers in-line with IMF standards, analysts like Liu are able to get a closer look at the numbers behind China’s calculation. China’s officially reported Q3 GDP growth number was 6.9 percent, but some analysts have speculated that the real number was actually 5.0 percent or lower.
China’s Estimate Reasonably Close
According to Liu, China’s 6.9 percent growth estimate is…
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