(MENAFN) China's economy is growing only half as fast as official data shows, or maybe even slower, according to foreign investors and analysts who increasingly challenge how the world's second-largest economy can be measured so swiftly and precisely.
Beijing's official statisticians reported last month that China's economy grew by a steady 7% in the first two quarters of the year, spot on its official 2015 target.
That statistical stability comes at a time when prices of global commodities, which China still hungers for despite a campaign to rebalance the economy away from investment and manufacturing toward consumer spending, have cratered.
But perhaps the biggest question is how a developing country of USD1.4bn people can publish its quarterly gross domestic product (GDP) statistics weeks before first drafts from developed economies like the US, the eurozone or Britain, and then barely revise them later.
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