“How bogus is the economic data coming out of China? Probably very bogus. Even the Federal Reserve is warning about the data. Janet Koech and Jian Wang economists at the Federal Reserve Bank of Dallas, in arecent paper, make the message clear, don’t trust Chinese economic data. Got that? The Chinese economy is deteriorating based on official data. However, the real situation is likely much worse.”
http://www.economicpolicyjournal.com/2012/09/federal-reserve-chinese-economic-data.html
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