Is China Inflating Its Trade Data?

The video discusses discrepancies in trade data between China and Hong Kong, highlighting a significant gap in reported figures. It suggests possible over export invoicing by China to inflate trade numbers. Detailed figures show a mismatch in exports and imports, with economists expressing concerns about the implications for China's economic growth. The Chamber of Commerce acknowledges the surge in numbers and plans to scrutinize the data further.

What is suggested by the gap in trade figures reported by China and Hong Kong?

• China is importing more than exporting.

• There might be fake over-export invoicing by China.

• There is a balance in trade figures.

• Hong Kong is underreporting its imports.

What was the reported difference in trade figures between China and Hong Kong?

• $13.5 billion

• $24.1 billion

• $37.6 billion

• $1.56 billion

How much did Hong Kong report its imports from China increased by?

• 10%

• 34%

• 5.5%

• 2.5%

What is the broader concern regarding China's trade figures?

• They are not significant.

• They are irrelevant to the economy.

• They are underpinning economic growth.

• They are too optimistic.

What action did the Chamber of Commerce decide to take regarding the trade figures?

• Reduce imports.

• Promote more exports.

• Increase scrutiny of the data.

• Ignore the figures.