ArrowArtboardCreated with Sketch.Title ChevronTitle ChevronIcon FacebookIcon LinkedinIcon Mail ContactPath LayerIcon MailPositive ArrowIcon Print

Outspoken China economist casts doubt on growth forecast

Professor says contradictions in government statistics do not add up

Eighty percent of China's provinces, major cities and autonomous regions experienced slower growth last year, says Xiang.   © Reuters

BEIJING -- The Chinese economy is facing strong downward pressure this year, said a Renmin University professor, known for his candid views and skepticism of government statistics, citing Beijing's eager push for economic stimulus as evidence that the real growth is weaker than its official forecast.

"The officially announced [real] growth forecast will probably be 6.3% or less. The possibility of 6.2% or 6.1% can't be ruled out," Xiang Songzuo told Nikkei in an interview. "It'll be difficult to maintain the 6.4% of October-December 2018 in January through March."

Sponsored Content

About Sponsored Content This content was commissioned by Nikkei's Global Business Bureau.

Discover the all new Nikkei Asia app

  • Take your reading anywhere with offline reading functions
  • Never miss a story with breaking news alerts
  • Customize your reading experience

Nikkei Asian Review, now known as Nikkei Asia, will be the voice of the Asian Century.

Celebrate our next chapter
Free access for everyone - Sep. 30

Find out more