March 10, 2023
Doubting China's growth rate, economists use alternative figures or even satellite images rather than traditional GDP components.
Doubting China's growth rate, economists use alternative figures or even satellite images rather than traditional GDP components.
Economists can use nighttime lights from NASA's satellite images of the earth to decide if China's economic growth statistics are accurate.
China might not fuel world economic growth if instead of a 7 percent real GDP growth rate forecast, we use a regression to the mean of 3.9 percent.