this post was submitted on 30 Dec 2023
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293
China Tries To Censor Data About Nearly 1 Billion People in Poverty (www.newsweek.com)
submitted 10 months ago by [email protected] to c/[email protected]
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China Tries To Censor Data About Nearly 1 Billion People in Poverty::Chinese government censors tried to control discussions about the country's economy this week.

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[โ€“] [email protected] 6 points 10 months ago (1 children)

There's not a single statistic that comes out of the chinese government that's accurate by any measure.

For reference on their economic numbers versus reality: https://www.moneymacro.rocks/2022-10-27-china-smaller/ Macro economics professor's report on the matter and the CCP accidentally admitting the fact they doctor all their statistics: https://www.reuters.com/article/us-china-economy-wikileaks-idUSTRE6B527D20101206/ as well as an in depth research report on their reported GDP versus country-wide activity https://bfi.uchicago.edu/wp-content/uploads/2021/07/BFI_WP_2021-78.pdf

China's GDP is at LEAST 60% smaller than they've reported. They're still the second largest economy but by no means are they ANYWHERE near the USA in economic growth, stability or reliability.

[โ€“] [email protected] 2 points 10 months ago

Sure, but what I'm referring to is pretty well established. I'm not talking about anything particularly recent.