May 9, 2014

The Truth About China's Economy

Christopher Whalen, The National Interest

The Associated Press

The economic statistics issued by the Chinese government are designed to help maintain the control of the Chinese Communist Party in a political sense, not to better inform China’s people or foreign investors. The fact that the World Bank, foreign news agencies and investors are willing to take Chinese statistics at face value says more about the credulity of foreign audiences than it does about China’s authoritarian government.

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TAGGED: China

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