"Accounting Adjustment" Should Help China's Growth – ValueWalk Premium

"Accounting Adjustment" Should Help China's Growth

This week China announced that it will adopt the current System of National Accounts (SNA) 2008 standard for GDP calculation.

The country’s National Bureau of Statistics (NBS) announced on July 5 that it would adopt the new standard, and it has immediately improved economic growth. Indeed, under the new method the size of the "new" economy is larger than previously estimated as the SNA standard treats R&D expenditure as part of capital formation.

Kyle Bass On . . .

SORRY!

This content is exclusively for paying members.

If you are subscribed and having an account error please clear cache and cookies if that does not work email support@valuewalk.com or click Chat.


X
Saved Articles
X
TextTExtLInkTextTExtLInk
Here’s a Tip: Read What Professional Investors Read

ValueWalk Premium is for investors looking to improve their investment process AND keep up-to-date on the latest industry trends.

It’s THE resource for value investing and hedge funds.   

And with a free three-day trial and $29.99 per month thereafter, it’s a value in its own right.

SIGN UP NOW
0