Does China Lie About Its Economic Statistics?

Описание: Get your free subscription to Morning Brew at https://morningbrewdaily.com/economic...

Over the past 30 years China has experienced perhaps the most impressive economic growth of any country in history. But these impressive growth numbers all come from official government statistics bureaus. How much can we trust the official statistics?

0:00 - 2:22 Intro
2:23 - 3:09 Morning Brew
3:10 - 6:12 Precision versus accuracy
6:13 - 7:14 China's data collection problems
7:15 - 8:40 Measurement difficulty
8:41 - 10:49 Cooking the books
10:50 - 12:35 Alternative data
12:36 - 16:15 Limitations of alternative data
16:16 Economics explained national leaderboard


▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀
The Economic Explained team uses Statista for conducting our research. Check out their YouTube channel:    / @statistaofficial  

Enjoyed the video? Comment below! 💬
⭑ Subscribe to Economics Explained 👉 https://bit.ly/sub2ee
⭑ Enjoyed? Hit the like button! 👍

Check out our second channel Economics Explained Essentials →    / @economicsexplainedessentia551  

✉️ Business Enquiries → [email protected]

🎧 Listen to EE on Spotify! 👉 https://anchor.fm/EconomicsExplained

Follow EE on social media:
Follow EE on social media:
Twitter 🐦 →   / economicsex  
Facebook →   / economicsex  
Instagram →   / economicsexplained  
TikTok →   / economicsexplained  

#Economics #Explained #EconomicsExplained #china

▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀

ECONOMICS EXPLAINED IS MADE POSSIBLE BY OUR PATREON COMMUNITY 👊🙏
Support EE by becoming a Patron today! 👉   / economicsexplained  

The video you’re watching right now would not exist without the monthly support provided by our generous Patrons:

Morgon Goranson, Andy Potanin, Wicked Pilates, Tadeáš Ursíny, Logan, Angus Clydesdale, Michael G Harding, Hamad AL-Thani, Conrad Reuter, Tom Szuszai, Ryan Katz, Jack Doe, Igor Bazarny, Ronnie Henriksen, Irsal Mashhor, LT Marshall, Zara Armani, Bharath Chandra Sudheer, Dalton Flanagan, Andrew Harrison, Hispanidad, Michael Tan, Michael A. Dunn, Alex Gogan, Mariana Velasque, Bejomi, Sugga Daddy, Matthew Collinge, Kamar, Kekomod, Edward Flores, Brent Bohlken, Bobby Trusardi, Bryan Alvarez, EmptyMachine, Snuggle Boo Boo ThD, Christmas