Summary:
In most economies, inventories are valued at market prices, while in China they are valued by the authorities and adjusted later. This is just one of many ways China manipulates GDP data. Original Article: "There Is No Chinese Economic Miracle". This Audio Mises Wire is generously sponsored by Christopher Condon. Narrated by Michael Stack.
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In most economies, inventories are valued at market prices, while in China they are valued by the authorities and adjusted later. This is just one of many ways China manipulates GDP data. Original Article: "There Is No Chinese Economic Miracle". This Audio Mises Wire is generously sponsored by Christopher Condon. Narrated by Michael Stack.
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In most economies, inventories are valued at market prices, while in China they are valued by the authorities and adjusted later. This is just one of many ways China manipulates GDP data.
Original Article: "There Is No Chinese Economic Miracle".
This Audio Mises Wire is generously sponsored by Christopher Condon. Narrated by Michael Stack.