What’s *Really* Going On In China?

By |2020-04-17T16:29:12-04:00April 17th, 2020|Currencies, Economy, Federal Reserve/Monetary Policy, Markets|

Questioning the veracity of Chinese estimates (for anything) has always been something of an amateur sport. For a stat like real GDP, everyone “knows” that it is managed. In a complex world where an economic system for a billion and a half is incomprehensibly unpredictable, there’s really no other way to always hit your government’s mark (unless the Chinese are [...]