Can China’s GDP data be trusted?
from More or Less Hosted by BBC Radio 4
This week, China released its third quarter GDP figure. At 3.9%, its rate of economic growth is better than many analysts expected, but still significantly short of the 5.5% target the Chinese government had set itself. There was an unprecedented delay in releasing this particular GDP stat - and that delay coincided with the 20th Chinese Communist Party congress. President Xi Jinping was reappointed for a historic third term at the twice-a-decade gathering. Some analysts found the delay suspicious. Did President Xi postpone the release of the GDP figures so it wouldn’t tarnish the congress? And can the figure of 3.9 per cent be trusted anyway? Paul Connolly investigates with the help of John Burn Murdoch, Chief Data Reporter at The Financial Times; Associate Professor of Government at Cornell, Jeremy Lee Wallace and Dr Linda Yueh, Oxford University economist and author. Presenter and Producer: Paul Connolly Editor: Simon Watts Programme Coordinator: Jacqui Johnson Sound Engineer: Neva Missirian (Image: Chinese President Xi Jinping: Mark R Cristino/EPA-EFE/REX/Shutterstock)
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