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Podcast: More or Less
Episode: Can China’s GDP data be trusted?
Description: 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 ca...