Lawrence Lau, Ralph and Claire Landau Professor of Economics, CUHK
Jan 30, 2018
Recently the National Bureau of Statistics of China (NBSC) reported a rate of growth of real GDP of 6.9% for 2017, a slight increase from the 6.7% in 2016. This announcement was welcome by much of the world but it was also met with the usual skepticism in some quarters, especially because of the recent voluntary revelations by certain regions that they had been over-stating their economic data in the past.