Nobody trusts China's economic statistics. The sum of the provinces' output "regularly exceeds the published national GDP figure", says Bloomberg.com. Liaoning, one of the biggest regions, last year reported a sharp fall in fixed-asset investment.
That was a correction from overinflated levels, says Economist.com, but it could have prompted the government to deliver unnecessary monetary stimulus. Now the National Bureau of Statistics (NBS) has launched a new online system where a million large firms can report figures directly, bypassing local officials.
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Millions at risk of 'unnecessary' tax bill – how to shield your savingsMillions of Brits could be taxed on their savings interest this year as their savings interest exceeds the personal savings allowance. Are you at risk?
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Savers will have to wait as long as 48 years to build a £1m cash ISA pot if allowance is cutChancellor Rachel Reeves is rumoured to be planning a cut to the cash ISA allowance in the Autumn Budget, making it harder for savers to build wealth. Will you still be able to build a £1 million cash ISA pot?
