Pretty interesting piece to read:
Ref:
http://www.foreignpolicy.com/articles/2009/09/03/how_china_cooks_its_books?page=0,1
China's economy grew at an annualized 6.1 percent rate in the first quarter, and
7.9 percent in the second. Yet electricity usage, a key indicator in industrial
growth and a harder metric to manipulate, declined 2.2 percent in the first six
months of the year.
Ref:
http://www.foreignpolicy.com/articles/2009/09/03/how_china_cooks_its_books?page=0,1
0 Response to "Lies, Damn Lies and Chinese Lies"