FILE PHOTO: Men chat at a restaurant in Beijing's central business area, China January 17, 2020. REUTERS/Jason Lee
Annual gross domestic product growth for 2014-2018 has been raised to 7.4%, 7.0%, 6.8%, 6.9% and 6.7% from 7.3%, 6.9%, 6.7%, 6.8% and 6.6% previously, the latest data from the statistical bureau showed on Saturday. “We believe this revision provides Beijing with some flexibility in setting its 2020 growth target and precludes the need to introduce another round of massive stimulus that could rapidly increase systemic risks,” said Nomura analysts in a note on Monday.
The Emperor's New Clothes
jakejakeny This tells me that their statistics are essentially meaningless
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