China's Lack of Economic Data Undermines Confidence in the Market

Benzinga 2023-08-29

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China's economy is transforming, becoming slower and more difficult for outsiders to understand with data disappearing or becoming corrupted. Transparency in economic data, particularly in the real estate sector, is decreasing. China's official export data diverges from import data, indicating overstated exports. There are concerns about the accuracy and reliability of official economic data, undermining confidence among foreign investors.

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