Nearly All US Economists Don't Trust China's GDP Numbers: Poll

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Mark Melin
Published on
Updated on

Surprise, surprise, surprise. The country that wants to burn at the stake fund managers who sell Chinese stock are not trusted when they report their economic numbers.

China

China says 7 percent GDP growth, but 96 percent of US economists surveyed aren’t buying

In July, when China reported its economy grew at 7 percent in the second quarter, slightly ahead of expectations, there were economists who questioned the number at the time. But today we know the depth of the distrust in the numbers.

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Mark Melin is an alternative investment practitioner whose specialty is recognizing the impact of beta market environment on a technical trading strategy. A portfolio and industry consultant, wrote or edited three books including High Performance Managed Futures (Wiley 2010) and The Chicago Board of Trade’s Handbook of Futures and Options (McGraw-Hill 2008) and taught a course at Northwestern University's executive education program.