PREVIEW HEADLINE: Questioning the Validity of China's Increased GDP Expectations GUEST NAME: Fraser Howie SUMMARY: John Batchelor speaks with Fraser Howie about the World Bank/IMF raising GDP expectations for China. Howie suggests these organizations relu
Oct 08, 11:00 PM
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PREVIEW HEADLINE: Questioning the Validity of China's Increased GDP Expectations GUEST NAME: Fraser Howie SUMMARY: John Batchelor speaks with Fraser Howie about the World Bank/IMF raising GDP expectations for China. Howie suggests these organizations reluctantly avoid public negativity about China and rely on models. He notes results depend entirely on inputs, calling the process "classic rubbish in, rubbish out."