, Columnist
China GDP Is MIA. So Much for Economic Resilience
China is not doing its credibility any favors by delaying high-profile data during the Communist Party conclave.
Key data delay puts China credibility in question.
Photographer: Qilai Shen/BloombergThis article is for subscribers only.
China is touting its ascent and declaring the primacy of economic development. What a shame that when it comes to showing us the money, Beijing is MIA.
The announcement late Monday by the government that key indicators will be delayed is disappointing on several levels. It revives skepticism that critical metrics of economic progress are massaged or subjugated for political ends. The move opens the door to speculation that China's expansion — already faltering — has taken a turn for the worst.