As the global economy sputters, allegations that China’s economic data are unreliable have called into question its economic rise. But, if China’s official growth estimates are untrustworthy, why do world stock markets continue to respond to them?
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NEW YORK – As the global economy sputters, allegations that China’s economic data are unreliable have called into question its economic rise. But, if China’s official growth estimates are untrustworthy, why do world stock markets continue to respond to them?