Thread: WTF China?
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Old 11-15-2007, 01:22 PM
ConstantineX ConstantineX is offline
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Default Re: WTF China?

Alot of people have been suspicious of the statistics that China has been been putting out for years. I think it's the relic of the authoritarian system that they can't get accurate survey data - apparently 20% of China's power stations come from unlicensed sources (people just plopping them wherever). In contrast, typically opaque and private financial companies like hedge funds in the US openly and truthfully self-report to the SEC. The authoritarian system combined with permissive capitalism has lead to a system where there are no effective reporting institutions.
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