Chinese stimulus plan – defend and spend
Don’t burst the bubble…
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By Alex Lennane
We’re all guilty of it. Watching the stats come out of China, wondering how to interpret them. Well this article, written by a Chinese businesswoman working in New York, points out that the country has a rich history of providing unreliable data, and some things haven’t changed. There is, she suggests, a little too much ‘cooking the books’ going on, making the latest figures somewhat meaningless.
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