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The Bloomberg brand is globally recognized for its comprehensive coverage of business, finance, and economic news. They offer a wide range of services, including market data analysis, and deliver innovative data analytics solutions to financial professionals through Bloomberg Terminal. Recently, the brand's data analysis has detected a discrepancy in China's official GDP numbers.
While the Chinese government reported a GDP growth rate of 5. 2%, independent estimates indicate that the real growth rate is closer to 1. 5%.
This insight comes from Logan Wright, director at Rhodium Group, who noted that the government's statistics may greatly exaggerate the actual growth. Bloomberg offers more in-depth analysis and reliable insights into this economic issue and provides readers with expert opinions and news supported by solid evidence and thorough research. For more, visit their official website
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