China’s Missing Economic Data

October 22, 2022 Stu Turley Geopolitical

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China’s third-quarter economic data, including gross domestic product figures, were due to be released Oct. 18. The day before the scheduled release, however, publication was delayed indefinitely. Indeed, over the past decade, as China’s GDP growth has slowed, it has become less transparent.

Since late 2021, China’s various economic issues, exacerbated by frequent and often abrupt pandemic lockdowns, have trapped Chinese GDP growth below the official target of 5.5 percent. For example, China grew by just 0.4 percent in the second quarter of 2022, despite strong growth in coastal provinces. Setting aside hopeful notes from President Xi Jinping and other top officials at this week’s National Congress, China’s Q3 data is still expected to paint a dire picture of the future.

About Stu Turley 3367 Articles
Stuart Turley is President and CEO of Sandstone Group, a top energy data, and finance consultancy working with companies all throughout the energy value chain. Sandstone helps both small and large-cap energy companies to develop customized applications and manage data workflows/integration throughout the entire business. With experience implementing enterprise networks, supercomputers, and cellular tower solutions, Sandstone has become a trusted source and advisor.   He is also the Executive Publisher of www.energynewsbeat.com, the best source for 24/7 energy news coverage, and is the Co-Host of the energy news video and Podcast Energy News Beat. Energy should be used to elevate humanity out of poverty. Let's use all forms of energy with the least impact on the environment while being sustainable without printing money. Stu is also a co-host on the 3 Podcasters Walk into A Bar podcast with David Blackmon, and Rey Trevino. Stuart is guided by over 30 years of business management experience, having successfully built and help sell multiple small and medium businesses while consulting for numerous Fortune 500 companies. He holds a B.A in Business Administration from Oklahoma State and an MBA from Oklahoma City University.