If this is what they’re reporting, then the true figure must be awful. Couldn’t happen to a nicer bunch of thieves. Good.
It could be awful but even if it’s only 3% it’s better than what we’re doing. But on the other hand they are starting from a much lower economic base so of course they grow faster. The standard of living in China is only 1/6 that of the US.
Back in the day, the Soviet politburo used the published CIA economic numbers on the USSR’s economy, finding that the CIA was more accurate in estimating from afar, than was what being reported internally.