[SeekAndFind]

RE: If China’s bad debts were written down, its economic growth rate would be half the recorded number

OK, here’s the question, if America’s bad debt were similarly written down, what would be our recorded economic growth?

Do we or do we not have bad debts?

[PGR88]

That’s not a surprise. In most years, the reported GDP growth reported by each Province is well above that reported by the central government. How is it possible each Province could be above average?

Bureaucratic fakery is the norm in all communist countries.

[MuttTheHoople]

Unexpected®

[scrabblehack]

Do they still call it Peking University? A guy I met in college (Taiwanese) said it should be Peking not Beijing. Pe-i = "North." Peking = "North Capital," and Taipei = "North Taiwan." Also, Nanking = "South Capital," and Tainan = "South Capital."