China Data Concerns Reemerge in Review of 2015 GDP

The video discusses concerns about the accuracy of China's GDP data, particularly in 2015, due to political pressure and measurement challenges. Bloomberg Economics found discrepancies between national and provincial data. Despite these issues, China's economy is currently stable, with progress in technology and services. The need for improved transparency and data collection is emphasized.

In what ways has China managed to stabilize its economy according to the discussion?

What steps does China need to take to improve transparency and data collection in its economy?