Beijing boasts economic predictive power, markets more sceptical

April 15, 2015 9:21 AM

64 0

SYDNEY, April 15 (Reuters) - Beijing's success in predicting the pulse of the world's second largest economy was on full view on Wednesday as growth handily matched its stated target, even if, for some analysts, the numbers don't always appear to add up.

It was also the 15th straight quarter where growth proved to be either at or very close to market consensus, a rare run that shows how economists have come to mold their forecasts to anticipate the official line.

Read more

To category page