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Is China's Economic Data Accurate?

Some investors say China's wild stock market gyrations have been made worse by worries about the reliability of that nation's economic data. Critics say the reports can mislead investors by painting an unrealistically strong picture of the economy. Some economists doubt the official growth figures because other data, such as passenger travel and electric power generation, seem too low to be consistent with strong growth. But China scholar Nick Lardy of the Peterson...

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