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Behind China’s 2020 Economic Numbers

◎ A closer look at official data reveals a wobbly economy on the verge of crisis, and not solid “recovery” or healthy “growth.” Updated on Jan. 24, 2021. On Jan. 18, the PRC National Bureau of Statistics announced that China’s GDP grew 2.3 percent year-on-year to 101.6 trillion yuan ($15.6 trillion). The NBS also released ...

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◎ A closer look at official data reveals a wobbly economy on the verge of crisis, and not solid “recovery” or healthy “growth.” Updated on Jan. 24, 2021. On Jan. 18, the PRC National Bureau of Statistics announced that China’s GDP grew 2.3 percent year-on-year to 101.6 trillion yuan ($15.6 trillion). The NBS also released …

Read moreBehind China’s 2020 Economic Numbers

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