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  • China's economy is bigger than previously reported

    12/22/2005 4:41:10 PM PST · by Paul Ross · 19 replies · 579+ views
    Knight Ridder News Services ^ | December 16, 2005 | Tim Johnson
    China's economy is bigger than previously reported By Tim Johnson, Knight Ridder Newspapers, Dec. 16, 2005 BEIJING - China's economy may suddenly catapult past those of Italy, France and Britain in size. How suddenly could the leap occur? Try Tuesday. That's when China's National Statistics Bureau will announce a revision of economic growth figures that's expected to push China from the world's seventh-largest economy to No. 4. It's more than statistical sleight of hand: Economists in China say they've discovered about $300 billion worth of economic output, mainly in the services sector, that they couldn't measure before, an amount...