Until recently a lack of precision around China's ecomic size was taken for granted but caused little lost sleep: room to expand and the pace of growth were self-evident, and everything beyond that was academic for most purposes. But today the pace and even direction of China's growth is prone to volatility, and the nation is sizable eugh to cause global disruption. This study reassesses China's minal ecomic size from the bottom up. It compares China's practices with international standards and reviews the long-standing arguments about Chinese ecomic statistics to separate real concerns from distractions.
Daniel H. Rosen is a senior associate of the Simon Chair in Political Economy at CSIS and the founding partner of Rhodium Group. Beibei Bao is a research analyst with Rhodium Group.