The Traderszone Network

Published in TZ Latest News 6 August, 2015 by The TZ Newswire Staff

China growth probably half reported rate or less, say sceptics

China’s economy is growing only half as fast as official data shows, or maybe even slower, according to foreign investors and analysts who increasingly challenge how the world’s second largest economy can be measured so swiftly and precisely. Beijing’s official statisticians reported last month that China’s economy grew by a steady 7.0 percent in the first two quarters of the year, spot on its official 2015 target.