70% of Chinese Public Companies Unprofitable, Yet GDP up 5%. Their Data Fraud Is Now a Global Joke

1 year ago

“China’s GDP figures originate from annual targets, not end-of-year calculations.” “It’s just a number with no real feeling behind it. Even if they claim 10% growth, I couldn’t refute it.” “We all knew when the target was set last year that it would be 5%.” “These figures are no longer reliable.” “How can GDP grow by 5% when most indicators are below 5%?” “Everyone knows the statistics bureau is just another propaganda arm.” Join this channel to get access to perks: https://www.youtube.com/channel/UCT2kPBcD6tXn8TP_aV7BmgA/join #chinaobserver All rights reserved. ⭐You can support us at: https://donorbox.org/china-observer-supporting-independent-news ⭐For business cooperation, please contact us: business@chinaobserver.co