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falsification of China's GDP

2021-07-17  Category:China

falsification of China's GDP

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This was revealed after the collapse of the Soviet Union, but only half of its GDP was exist.In the 56 years from 1929 to 1985, national income was 90 times (actually 6.5 times).The average growth rate was 8.3 percent, but actually 3.3 percent.Even U.S. Nobel laureate Paul Samuern believes in Soviet statistics and said the Soviet Union is growing.To that extent, the method of falsifying statistics was meticulous.

The People's Republic of China, founded in 1949, has carried out reforms, but it was the Soviet Embassy that served as the headquarters.Also after Mao Zedong's Cultural Revolution and Deng Xiaoping's reform and opening-up, statistical methods continued.China is not capitalism.When foreign companies establish their own companies in China, they cannot take out the capital they have invested in because it is a joint venture.GDP tampering is effective in attracting foreign investment and does not need to be returned.