China Shuts Down Its Economic Data

China Shuts Down Its Economic Data
Experts and economic institutions find that China's enterprise debt to gross domestic product ratio is the highest in the world, with studies suggesting that signs of the financial crisis have already appeared in the world's second-largest economy. STR/AFP/Getty Images
Jeffrey A. Tucker
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Commentary

There is a social contract of sorts among all governments of the world to share economic data on prevailing conditions. Behind that practice is a collegial contest to see which nation has the healthiest system, which, in turn, serves the capital markets by helping to direct resources where they are needed.

Jeffrey A. Tucker
Jeffrey A. Tucker
Author
Jeffrey A. Tucker is the founder and president of the Brownstone Institute and the author of many thousands of articles in the scholarly and popular press, as well as 10 books in five languages, most recently “Liberty or Lockdown.” He is also the editor of “The Best of Ludwig von Mises.” He writes a daily column on economics for The Epoch Times and speaks widely on the topics of economics, technology, social philosophy, and culture. He can be reached at [email protected]
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