Journal Article
On the reliability of Chinese output figures
Abstract: Some commentators have questioned whether China?s economy slowed more in 2012 than official gross domestic product figures indicate. However, the 2012 reported output and industrial production figures are consistent both with alternative Chinese indicators of the country?s economic activity, such as electricity production, and trade volume measures reported by non-Chinese sources. These alternative domestic and foreign sources provide no evidence that China?s economic growth was slower than official data indicate.
Keywords: Economic conditions - China; Industrial productivity - Measurement;
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Bibliographic Information
Provider: Federal Reserve Bank of San Francisco
Part of Series: FRBSF Economic Letter
Publication Date: 2013
Order Number: 08