China: Acknowledging Economic Inconsistencies

China is admitting — most recently in an article in the official People's Daily — that some of its economic figures are inconsistent. The article cited the paradox of reconciling 8 percent economic growth with rising unemployment, falling consumer prices and a bearish stock market. As a new generation of leaders takes over the government in Beijing, the economic conundrum will remain a top priority — and leaders likely will carry out dramatic economic experiments that will affect Chinese and foreign businesses alike.