Because many rightly suspect the veracity of Beijing’s statistics, a look at local government announcements can shed new light on China’s weak economy.
Having acknowledged that its need to correct the economy’s supply-demand imbalance, Beijing nonetheless has chosen policies that will exacerbate the problem.
Because many rightly suspect the veracity of Beijing’s statistics, a look at local government announcements can shed new light on China’s weak economy.
Having acknowledged that its need to correct the economy’s supply-demand imbalance, Beijing nonetheless has chosen policies that will exacerbate the problem.