How reliable is the Chinese data?
This is a vitally important question since China is such a big force in the global economy.
The Chinese like to report their year on year growth rates on percentage terms as opposed in Yuan. This is leading many to believe that the data is actually negative in real terms.
Also, Goldman is calling the consumption numbers "mixed".
Click on image to read full article.
Socialization is the main cause of chinese GDP
You got a 31.58% upvote from @postpromoter courtesy of @steemium!
Want to promote your posts too? Check out the Steem Bot Tracker website for more info. If you would like to support the development of @postpromoter and the bot tracker please vote for @yabapmatt for witness!
You got a 29.36% upvote from @emperorofnaps courtesy of @steemium!
Want to promote your posts too? Send 0.05+ SBD or STEEM to @emperorofnaps to receive a share of a full upvote every 2.4 hours...Then go relax and take a nap!
You got a 33.76% upvote from @minnowvotes courtesy of @steemium!
You got a 32.82% upvote from @brupvoter courtesy of @steemium!
You got a 30.27% upvote from @upmewhale courtesy of @steemium!
Earn 100% earning payout by delegating SP to @upmewhale. Visit http://www.upmewhale.com for details!
You got a 53.69% upvote from @moneymatchgaming courtesy of @steemium! Please consider upvoting this post to help support the MMG Competitive Gaming Community.
You got a 26.82% upvote from @upme thanks to @steemium! Send at least 3 SBD or 3 STEEM to get upvote for next round. Delegate STEEM POWER and start earning 100% from your share, daily payouts ( no commission ).
Quick delegation links: 25SP | 50SP | 100SP | 250SP | 500SP | 1000SP | 2000SP | 5000SP | Custom Amount
You got a 31.08% upvote from @oceanwhale With 35+ Bonus Upvotes courtesy of @steemium! Earn 100% earning payout by delegating SP to @oceanwhale. Visit www.OceanWhaleBot.com for details!
You got a 40.03% upvote from @joeparys! Thank you for your support of our services. To continue your support, please follow and delegate Steem power to @joeparys for daily steem and steem dollar payouts!
You got a 33.47% upvote from @dailyupvotes courtesy of @steemium!