China’s statistics bureau defended its economic data Wednesday, saying the numbers were accurate, Reuters reported. Following the release of data showing better-than-expected 7% growth in the second quarter, National Bureau of Statistics spokesman Sheng Laiyun the “hard won” growth rate correctly reflected the economy and that the figures hadn’t been inflated, the report said. CNBC reported separately that the comments had been made in response to a reporter’s question. Critics of Chinese economic statistics have described them as subject to poor data-gathering or outright manipulation by officials. Economists holding this view instead judge the Chinese economy through the use of proxy measures, such as electricity consumption, which they see as more reliable.
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