Readers of my Blog are aware that I have for years been skeptical of the figures that are routinely produced regarding "China's economic growth".
Naturally, I have no doubt that economic growth is taking place. My skepticism relates only to the kinds of figures that are bandied about by officials as well as non-officials.
Now the Financial Times newspaper becomes the first of the respectable Western periodicals to join the skepticism: http://preview.tinyurl.com/l66yqh
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Wednesday, August 05, 2009
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