Chinas GDP statistics Comparison with Japan

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Focusing on China's economic growth, this book analyzes the complexities of its GDP statistics, including retroactive revisions by the National Bureau of Statistics since the 1990s. It compares estimation methods for nominal and real GDP with Japan, highlighting the impact of imputed rents on GDP underestimation, particularly in the tertiary industry. Additionally, it addresses biases in the single deflation approach used for calculating real GDP. This detailed examination is valuable for economists and anyone interested in the nuances of the Chinese economy.