It's going to be awhile before there is a standardized measure of economics in China - as it will be awhile before many other things are standardized in the huge country.
"Late last year, China proclaimed itself the world's sixth-largest economy, edging out Italy. That proud moment wasn't triggered by surging exports of textiles, toys and cellphones. The government simply made a 'statistical revision,' boosting its 2004 gross domestic product by $278 billion, a sum larger than the entire economy of Austria.
That startling announcement, boosting the previous year's GDP in one stroke by 16% to nearly $2 trillion, was a reminder of just how unreliable China's economic numbers can be."
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