Here's Some Fodder For The Chinese Economic Data Truthers

There is no shortage of economists who are skeptical of the data coming out of China, especially the data published by the Chinese government. Indeed, China's export numbers often don't tie out with its trading partners import figures, and vice versa. This brings us to today. Economies around the world are publishing their PMI figures. And across Asia, the numbers are deteriorating (the image to right is from Business Insider's PMI scorecard). Even the HSBC China PMI number fell to 47.7 in July ...