The new research comes at a time when Chinese leaders are already battling a slowing economy. This week, Beijing officially lowered its growth target.
China has reportedly exaggerated its gross domestic product data about an average of two percent for nearly a decade, new research has suggested.
An investor walks past a screen showing stock market movements at a securities firm in Hangzhou, in eastern China's Zhejiang province on January 11, 2016 STR/AFP/Getty Images As the South China Morning Post reported, the research comes at a time when Chinese leaders are already battling a slowing economy. This week, Beijing officially lowered its growth target from 6.5 percent to a range between six percent and 6.5 percent. Last year, China reported, although possibly inaccurately, that its growth rate was 6.6 percent. While that percentage was still relatively high, it was the slowest growth the country had experienced since 1990. For comparison, the U.S.
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