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 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 its need to correct the economy’s supply–demand imbalance, Beijing nonetheless has chosen policies that will exacerbate the problem.