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China has cut the number of economic statistics it publishes by more than 50%

Since China's President Xi came to power in late 2012 China has reduced the number of economic statistics it publishes by more than 50%.The most recent headline on this was China's decision to longer publish youth unemployment rates:This will not be because its improvingWhy the market is having a major rethink on ChinaChina has been, rightfully, criticised for this. However, UBS adds, China is not alone, pointing the finger at the US:The US is not blameless either. Underfunding statistical agenc... Read More

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Posted: Aug 23 2023, 23:04

Author Name: forexlive

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