Chinese GDP in Wonderland

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Title: Chinese GDP in Wonderland
Author: Kerola, Eeva
Organization: Bank of Finland
Series: Bank of Finland Bulletin. Blog
Year of publication: 2021
Publication date: 25.5.2021
Pages: 5
Subject (yso): bruttokansantuote; tilastot; talouskasvu
Keywords: Kiina; BKT; BOFIT
Other keywords: China; GDP; statistics
Abstract: The real-world nature of China’s official gross domestic product reporting has been dubious for years. Suspicions grew when the realised figures as reported remarkably matched up with the publicly announced GDP growth targets. For years, normal business cycle fluctuations were replaced by perfectly linear GDP growth figures.
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