Actually I would agree with the assessment that no-one truly knows the real state of the Chinese economy. They work under a different system than we do... a VERY different system. Every year each company/farm/factory/department/workfroup has to show that they outperformed their output from the previous year or face the consequences. This leads to an utterly fake GDP estimation when you add all the pieces-parts up at the bottom of the balance sheet.
Bookmarks