China’s Economy May Be Even Bigger Than You Think

With China set to announce its third-quarter gross domestic product report on Monday, skepticism over its economic data is arising anew. Recall that Bill Gross has described China as “the mystery meat of emerging-market countries.” Premier Li Keqiang, before taking that post, said he didn’t rely on official statistics. He preferred things like rail freight and electricity use to gauge activity. So is China about to puff up its economic report card once more? Quite the contrary, according to one of the world’s foremost emerging market investors, Mark Mobius.

Read Here – Bloomberg

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