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The CCP is Notoriously Known for Fabricating Economic Data
1 year ago
7
05/30/2024 US expert on China Lee Steinhauer on Fox Business: We must always be cautious about Communist China's economic data, as the CCP is notoriously known for fabricating data. Even if Communist China can make its numbers look better in the short term through stimulus measures, their long-term prospects will be very challenging given the headwinds they face. Moreover, the U.S. is in a new Cold War with Communist China.
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