Saying that official Chinese GDP figures are not all they appear to be is a bit like saying that professional wrestling might not, in fact, be a competitive sport as claimed. But it is always helpful to be able to put some scale to that belief. A recent Brookings Insitution paper has done just that, and in ways that seem highly credible. The report, titled "A forensic Examination of China's National Accounts" shows that Chinese GDP growth since 2008 may be close to two percentage points lower than the officially published figures suggest. That means that at best, the official numbers are an ordinal measure of ... (full story)