Scott Reid: China pledges to figure out true growth rates


CHINA’S top statistician today pledged to scrutinise figures from local governments after a tally of the data dramatically overstated national economic growth last year.

When added up, provincial figures for gross domestic product (GDP) put the country’s economic growth in 2004 at 13.4 per cent, compared with the National Bureau of ’ official estimate of 9.5 per cent.

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