> It is ironic that Li Keqiang is premiere (#2) but Xi Jinping has decided not to use his index (https://en.wikipedia.org/wiki/Li_Keqiang_index) that gets around fudging with more accurate statistics.
Li Keqiang Index has three components, electricity consumption, railway cargo volume and bank loans. They all had pretty good growth, e.g.
People need to be realistic, China's current GDP per capita is lower than world's average, it is an extremely poor country totally under developed. With the largest domestic market and hard working population, how hard will it be to grow at 6-7% to catch up with some in the middle of nowhere countries with $20k USD GDP per capita?
Li Keqiang Index has three components, electricity consumption, railway cargo volume and bank loans. They all had pretty good growth, e.g.
https://www.caixinglobal.com/2018-12-06/china-railway-corp-s...
https://www.caixinglobal.com/2019-01-30/chart-of-the-day-chi...
People need to be realistic, China's current GDP per capita is lower than world's average, it is an extremely poor country totally under developed. With the largest domestic market and hard working population, how hard will it be to grow at 6-7% to catch up with some in the middle of nowhere countries with $20k USD GDP per capita?