The following is from Mr. Jyonen Tsukasa's paper on monthly magazine Will this month issue.
China's GDP from every point of view World's third place
Jyonen Tsukasa
Thorough investigation of allegations of inflating statistical figures, finally elucidating its actual condition. Go as well as can be expected......
China inflating statistical figures Economic realities
China's GDP (Gross Domestic Product) statistics have been supposedly supposed to be inflated.
I decided to examine for myself, reveal the truth, it is summarized, "Xi Jinping hide it, but in fact Chinese economy is the third largest in the world" (Kodansha plus A new book).
Economist Yoichi Takahashi (professor at Kaetsu University) in 2016 published a book titled "The Great Lie of China's GDP" (Kodansha), "There are not any figures that are almost countless except for import statistics in China", he insisted.
There is a positive correlation between imports of OECD member countries and GDP growth rate, GDP will increase if imports grow, and GDP will decrease if imports decrease.
Although China's imports have declined by 13% in 2015, official statistics have increased GDP by about 7%.
This is obviously impossible.
On the other hand, Mr. Kajitani Kai (Professor of Economics, Kobe University), an economist and specializing in the Chinese economy, said "China has no statistics yet, so GDP such as service industry is not reflected, so the figures are Low "" Because Resources have dropped drastically, GDP has become a lower number "and" There is a problem of exchange rate "was argued.
I went directly to Mr. Takahashi to talk.
"There are such objections, what do you think?"
Mr. Takahashi said, "A correlation was derived from graphs created by incorporating all fluctuations in exchange rates and resource prices that were in the past.
"If he says that this will collapse with currency and resource prices, I want him to prove it", it was being argued.
Mr. Takahashi examined the correlation between the GDP of development countries and the growth rate of imports using data from 2010 to 2012, and he doubt it, but I myself calculated it for a long term span of 15 years I tried.
Surprisingly, when calculated, it matched exactly with Mr. Takahashi's conclusion.
In 2015, China's import growth rate is minus 13.2% and in 2016 it is minus 5.5%.
Looking at the growth rate of imports in developed countries from 2010 to 2012 and the growth rate of GDP, it is a rising relationship that if economic growth rate grows if imports grow.
However, despite the negative growth rate of imports in China, GDP has not declined for some reason.
This draft continues.
