How Trustworthy are Chinese Statistics? China Inflates GDP Figures by $478 Billion in 2017

The National Bureau of Statistics of China, based on its own independent analysis of the 2017 GDP data—reported as of February 3, 2018, by each of the 31 provincial governments—discovered that the preliminary total Chinese GDP reported on January 18 had been inflated by more than 2,976.9 billion yuan (about 52 trillion JPY, or 478 billion […]