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Chinese Data Said to Be Manipulated, Understating Slowdown
Keywords:
Electricity production and consumption data from the provinces has been overstated say experts making the decline in economic growth in China look less severe than it really is. Coal stockpiles at one key storage location in Qinhuangdao port reached 9.5 million tons in June, says an analyst for Wood Mackenzie, global energy consulting firm, a level not seen since the level of 9.3 million tons in November 2008 during the height of the 2008 financial crisis.
Coal stockpiles in key storage areas and electricity production data from provinces show steeper decline in China's growth in 2012
06/22/2012
Problems with data on electricity production from the provinces with local officials misrepresenting the true picture. Electricity production and consumption provides a guage for economic activity levels in China because of poor statistical data.
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Linked Articles
Chinese Data Said to Be Manipulated, Understating Slowdown
New York Times 06/22/2012
China Scraps Property Data, Clouding View
Wall Street Journal 02/17/2011
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