Re:The Chinese Government Likely Borrowed More than the US i...
by smacktoward on Monday July 16, 2018 @10:39AM
(#17541596)
Because the statistics are produced by local apparatchiks, and the local apparatchiks all want their jurisdiction to look like it's breaking records so they can get promoted and become something bigger than a local apparatchik. And the central government wants to look successful too, so nobody there has any interest in pushing back. High numbers mean everybody in the system wins, while low numbers profit nobody, so the numbers come out high.
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