Gerard Burg, senior economist at NAB, suggests that the uncertainty around the accuracy of Chinese official data has inspired a range of alternative measures, often constructed from lower profile data series that are thought to be less subject to errors or manipulation. Key Quotes “The smoothness of China’s official economic growth raises some justifiable doubts around the accuracy of the country’s growth data. This is particularly the case when alternative measures (including our model) generally suggest that the economy slowed significantly in late 2015-early 2016 before subsequently recovering.” “There are a wide range of views around the validity of Chinese economic growth data, along with a range of potential alternative indicators. Ultimately all of these measures have some shortfalls and cannot be independently validated. This means that we can’t be certain that an alternative measure provides a more accurate picture of China’s economy than official statistics.” “Given China’s significance to the global economy, a greater degree of transparency around China’s national accounts (and other data) would be preferable.” FX Street FX Street FXStreet is the leading independent portal dedicated to the Foreign Exchange (Forex) market. It was launched in 2000 and the portal has always been proud of their unyielding commitment to provide objective and unbiased information, to enable their users to take better and more confident decisions. View All Post By FX Street FXStreet News share Read Next Fed may announce an end for quantitative tightening – ANZ FX Street 4 years Gerard Burg, senior economist at NAB, suggests that the uncertainty around the accuracy of Chinese official data has inspired a range of alternative measures, often constructed from lower profile data series that are thought to be less subject to errors or manipulation. Key Quotes "The smoothness of China's official economic growth raises some justifiable doubts around the accuracy of the country's growth data. This is particularly the case when alternative measures (including our model) generally suggest that the economy slowed significantly in late 2015-early 2016 before subsequently recovering." "There are a wide range of views around the validity of Chinese… Regulated Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk. 4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk. 5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.
