China Q1 growth may dip below 5% as virus spreads

Did anyone actually believe the 6+ percent that China fed us all for years? With all the reports about forged figures from all kinds of provinces and knowing how they often pimped up their less than stellar performers, I never put a lot of belief in them. Chinese official figures are Potemkin villages where wishful thinking builds on last yeas lies. This must be a biggie on their minds- How can they deflate this monster safely? The Corona Virus may have provided them with a handy excuse to bring the numbers down a bit. Not all the way to reality mind you, but letting off some steam at the top maybe. Will the monster look less daunting to tackle now. That’s anyone’s guess.

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