So much for the sizzling stats and surging trade figures reported on these pages recently…not for the first (or last) time, official figures are being revised. This time it is GDP (again ). Forbes reports:
“China’s National Bureau of Statistics said it has revised upward its 2006 gross domestic product growth (GDP) calculations to 11.1 pct, or 0.4 percentage points higher than its previous estimate.”
For a reminder of the games played with statistics, here are some past posts on the subject:
• Statistical Oversight 
At least officials are increasingly willing to be open (to some extent) and to publicize these changes. But questions over data accuracy will remain, as will the need for multiple sources, and careful evaluation, in research.
And for all those consultants and analysts…time to update those graphs again!
See news source: