Abstract
While Chinese GDP growth has undoubtedly been impressive, there has been much skepticism with regards Chinese economic data reporting. To address this somewhat, Premier Li Keqiang created the Keqiang Index (comprising 40% of both bank loans and electricity consumption growth along with 20% of rail freight growth) in order to better proxy economic growth in China. In this paper, we use the Keqiang Index to evaluate Chinese economic growth by comparing the Keqiang Indices of other Southeast Asian countries to
China’s Keqiang Index. We consider the accuracy of Chinese economic figures and find that China seems to over-report its economic growth data. Additionally, we found a slowdown in Chinese economic growth in recent years.
Cite
MLA
Shen, Troy. “Evaluating Chinese GDP Growth using the Keqiang Index.” Journal of Secondary and Undergraduate Research, vol. 1, no. 3, 2023
APA
Shen, T. (2023). Evaluating Chinese GDP Growth using the Keqiang Index. Journal of Secondary and Undergraduate Research, 1(3)
Chicago
Shen, Troy. “Evaluating Chinese GDP Growth using the Keqiang Index.” Journal of Secondary and Undergraduate Research 1, no. 3 (2023).