April 07, 2005

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Faking it

I've discussed China's woeful economic statistics and the confusion they create. China Economic Net has an excellent article by Kui Jiang on how China's false statistics are made, and its not just Government numbers. I recommend the whole thing, but some tasty excerpts:

Better none than wrong data. It is thought that the proportion of trashy data entering the analysis stage is no less than 60 percent among the data publicly unfolded in China at present.

...from the hint in the 1990s to today's unscrupulousness, the industry corruption in the Chinese data industry has probably far exceeded the black whistle in the betting match of Chinese football.

That's saying something.

posted by Simon on 04.07.05 at 12:12 PM in the China economy category.




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