Myth-Busting China's Numbers Understanding and Using China's Statistics [Paperback]

A good understanding of Chinese data gathering methods and reporting structures is invaluable to anyone with business or investment plans in China. This book tackles the veracity of Chinese statistics, raising awareness of abuses and problems in real-life examples that have occurred, and provides practical strategies to reduce risk in the future.Introduction 1. The Big Numbers 2. Population and Employment 3. Retail Sales 4. Debt 5. Property 6. Accounting Stats 7. Manufacturing 8. Tax 9. Social Stats 10. Monetary Policy Conclusion

'A practical, useful book that should be required reading for all international executives, analysts and strategists whose business in some way relies on understanding what is going on in the world's most populous country' - Financial Times

In the face of complexity, Crabbe keeps it simple. 'Just when you think you understand what is going on in China,' he writes, 'you learn that everything has changed and you have to start learning all over again.' Crabbe's deeply informed book is an excellent place to begin. - TimeOut Shanghai, China's Best Books 2014

If you take China's official statistics at face value, you risk making very costly mistakes investing in or doing business in the world's second largest economy. This excellent book exposes the pitfalls that lie in wait for the unwary or naive.

- James Kynge, Emerging Markets Editor, Financial Times

A no-nonsense, concise look at the figures and the facts behind them that make up this modern phenomenon and wonder known in the rest of the world as the Chinese economy. Crabbe has done his homework for two decades in China, and it shows in his ability to elegantly deconstruct data from banking, pensions, tax and the day to day economy to try to see through the spin and the vested interest to what is really happening underneath. The great take away of this useful and highly readable book: trust nothing you read il£B