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Can China’s GDP data be trusted?

Can China’s GDP data be trusted?

FromMore or Less: Behind the Stats


Can China’s GDP data be trusted?

FromMore or Less: Behind the Stats

ratings:
Length:
9 minutes
Released:
Oct 29, 2022
Format:
Podcast episode

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 can the figure of 3.9 per cent be trusted anyway?

Paul Connolly investigates with the help of John Burn Murdoch, Chief Data Reporter at The Financial Times; Associate Professor of Government at Cornell, Jeremy Lee Wallace and Dr Linda Yueh, Oxford University economist and author.

Presenter and Producer: Paul Connolly
Editor: Simon Watts
Programme Coordinator: Jacqui Johnson
Sound Engineer: Neva Missirian

(Image: Chinese President Xi Jinping: Mark R Cristino/EPA-EFE/REX/Shutterstock)
Released:
Oct 29, 2022
Format:
Podcast episode

Titles in the series (100)

Tim Harford and the More or Less team try to make sense of the statistics which surround us. From BBC Radio 4