China’s economic opaqueness, including doubts about the veracity of official figures, is one the biggest blind spots for policymakers and businesses around the world trying to plan for a highly unpredictable future.
It’s a little like trying to pilot a giant aircraft while a key gauge on the dashboard looks jammed.
This has brought increasing attention to the pronouncements of China’s economic authorities, as well as the performance of its once-isolated stock market.
Churning Over China
Via Barry Ritholtz, Source: PIIE
