China’s economy might be bigger than previously thought

If you’re looking to turn your world upside down today, try this on for size. What if China’s economy is actually bigger than everyone thinks?

Did your head just go “Boom?” Well, then maybe this will blow your mind: The Wall Street Journal is putting forth that idea. Yes, one of Western media’s biggest proponents of China’s heading for a hard landing, thinks that China’s government isn’t over reporting economic statistics, but instead, underselling them. Continue reading