Chinese Officials fudge economic #'s to analysts expectations.
China's Economic numbers are man made admit Chinese Officials in May of 2011. Can we believe them Chinese economic numbers in 2012? ETF's to watch: EDC EDZ FXI
According to some reports, the government manufactures China’s official statistics. Diplomatic cables published by the whistleblower site Wikileaks earlier this year allege that key Chinese officials have admitted China’s GDP numbers and other reports are largely “man-made.”
The allegation laid bare in the diplomatic cables is supported by discrepancies between China trade data and data reported by China’s trading partners.
How can you trade when you can't believe the published economic #'s out of China??