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China: "A Bee Has a Stripy Back, but No One Can Call It a Tiger"
https://doi.org/10.32609/0042-8736-2003-3-61-75
Abstract
The article is devoted to verification of the Chinese GDP data. The author compares the rates of GDP growth with the rates of growth of energy consumption, transport turnover of goods, and numbers of projected and constructed objects in 1980-2000. The former was significantly lower during that period. He also analyses the level of using productive capacities and the quality of production. About 25-30% of industrial productive capacities are not used because there is neither national nor international demand for their low quality goods. The main conclusion of the article is that the Chinese GDP real size is about 20-30% less than official releases.
About the Author
V. Guelbras
Lomonosov Moscow State University; Institute of World Economy and International Relations, Russian Academy of Sciences
Russian Federation
Russian Federation
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Review
For citations:
Guelbras V. China: "A Bee Has a Stripy Back, but No One Can Call It a Tiger". Voprosy Ekonomiki. 2003;(3):61-75. (In Russ.) https://doi.org/10.32609/0042-8736-2003-3-61-75
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