Say What!? Smoke and Mirrors in Chinese Data; One Megafund for One Industry; Shaky Britannia

“Half of all advertising is wasted. I just don’t know which half. The same thing is true of Chinese statistics. Half of them are wrong. The problem is that we don’t know which half.”

— Craig Charney, chief pollster for China historian Leland Miller, who recently launched the China Beige Book, an alternative to Chinese government economic data that boasts hedge fund subscribers.

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