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Until recently a lack of precision around China's economic size was
taken for granted but caused little lost sleep: room to expand and
the pace of growth were self-evident, and everything beyond that
was academic for most purposes. But today the pace and even
direction of China's growth is prone to volatility, and the nation
is sizable enough to cause global disruption. This study reassesses
China's nominal economic size from the bottom up. It compares
China's practices with international standards and reviews the
long-standing arguments about Chinese economic statistics to
separate real concerns from distractions.
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