Sadly, our Governments in the West seem to be following China.
By Anthony B Kim and Cora Wack ~
Unreliable statistics, mounting debt, and nonperforming loans are just a few underlying characteristics of China’s economy.
For years, China has tried its best to hide and shadow its unsustainable economic practices from its people and from the world. Research suggests that it has been overstating gross domestic product numbers for the past decade.
More than ever, businesses can only operate in China if the Chinese Communist Party approves, and only to further its goals. Pictured: In China’s Jiangsu Province, workers produce glass insulation products in a workshop of Kaisite Thermal Insulation Products Co., Ltd. (Photo: Costfoto/Barcroft Media/Getty Images)
It’s important to acknowledge that Beijing does release huge amounts of data. However, when it comes to statistics, there’s a big difference between quality and quantity.
Isn’t it time to find out what’s really going on in China?
On June 30, The Heritage…
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