Description: Myth-Busting China's Numbers by Matthew Crabbe A good understanding of Chinese data gathering methods and reporting structures is invaluable to anyone with business or investment plans in China. This book tackles the veracity of Chinese statistics, raising awareness of abuses and problems in real-life examples that have occurred, and provides practical strategies to reduce risk in the future. FORMAT Paperback LANGUAGE English CONDITION Brand New Publisher Description A good understanding of Chinese data gathering methods and reporting structures is invaluable to anyone with business or investment plans in China. This book tackles the veracity of Chinese statistics, raising awareness of abuses and problems in real-life examples that have occurred, and provides practical strategies to reduce risk in the future. Notes A new series of concise, market driven, technical guides which provide actionable solutions to specific, high-level business problems. Written for aspiring middle to senior managers working for start-ups through to multinationals, these books will cover a range of key topics in modern business. Author Biography Matthew Crabbe studied Chinese language, society and history at the University of Leeds and has since turned an academic interest in China into a career. As co-founder of research company Access Asia, Matthew has worked exhaustively on trying to make sense of the myriad contradictions in statistics on the consumer markets in China. He has conducted detailed analysis on Chinas retail sales for many years, working to highlight how Chinas official retail figures do not reflect the real size of the countrys domestic consumer economy. He is the co-author of two books and has written hundreds of reports on Chinas consumer markets over two decades. Table of Contents Introduction 1. The Big Numbers 2. Population and Employment 3. Retail Sales 4. Debt 5. Property 6. Accounting Stats 7. Manufacturing 8. Tax 9. Social Stats 10. Monetary Policy Conclusion Review A practical, useful book that should be required reading for all international executives, analysts and strategists whose business in some way relies on understanding what is going on in the worlds most populous country - Financial Times"In the face of complexity, Crabbe keeps it simple. Just when you think you understand what is going on in China, he writes, you learn that everything has changed and you have to start learning all over again. Crabbes deeply informed book is an excellent place to begin."- TimeOut Shanghai, Chinas Best Books 2014"If you take Chinas official statistics at face value, you risk making very costly mistakes investing in or doing business in the worlds second largest economy. This excellent book exposes the pitfalls that lie in wait for the unwary or naive."- James Kynge, Emerging Markets Editor, Financial Times"A no-nonsense, concise look at the figures and the facts behind them that make up this modern phenomenon and wonder known in the rest of the world as the Chinese economy. Crabbe has done his homework for two decades in China, and it shows in his ability to elegantly deconstruct data from banking, pensions, tax and the day to day economy to try to see through the spin and the vested interest to what is really happening underneath. The great take away of this useful and highly readable book: trust nothing you read in the papers, particularly if they are Chinese language ones linked with the government, and arm yourself with high levels of scepticism. And like the great philosopher Wittgenstein said, dont just think or pretend to know, but really watch and see what is happening. This book is an excellent first step in that journey of refined, crucial scepticism."- Kerry Brown, Professor of Chinese Politics and Director of the China Studies Centre, University of Sydney, and Associate Fellow, Chatham House"All you need to know to thread your way through the jungle of Chinese datas unofficial sectors. A full and authoritative reference point for anybody seeking to understand how the country works."-Jonathan Fenby, author of Will China Dominate the 21st Century? and Tiger Head, Snake Tails: China Today"After spending more than two decades trawling through reams of dubious Chinese statistics, Matthew Crabbe is eminently well placed to point out their flaws. He explains why much official data is essentially meaningless, but never falls into the all-too-common trap of dismissing it out of hand. This valuable introduction to Chinas data problems is packed with insight and written in easy, lucid prose."-Tom Miller, author of Chinas Urban Billion and Editor-at-large, China Economic Quarterly Long Description China is the worlds biggest consumer story, but foreign businesses are still getting it wrong due to lack of knowledge and understanding. Myth-Busting Chinas Numbers provides a unique and insightful critique of Chinas economic data, analysing what businesses need to be aware of when interpreting this data and why. From GDP down to micro-markets, demographics and company financials, this book looks at the flaws, inaccuracies and manipulations of data from major statistical categories, providing guidance on how to spot and rectify these issues, and allowing businesses to better understand their market and reduce risk. Featuring case studies of businesses that have failed and succeeded based upon on their understanding of Chinas data, this book is invaluable to anyone with business or investment plans in China. Palgrave Pocket Consultants are concise, authoritative guides that provide actionable solutions to specific, high-level business problems that would otherwise drive you or your company to employ a consultant. Written for aspiring middle-to-senior managers working across business at any scale, they offer solutions to the most cutting-edge issues across modern business. Be your own expert and have the advice you need at your fingertips. Review Quote "If you take Chinas official statistics at face value, you risk making very costly mistakes investing in or doing business in the worlds second largest economy. This excellent book exposes the pitfalls that lie in wait for the unwary or naive." - James Kynge, Emerging Markets Editor, Financial Times "A no-nonsense, concise look at the figures and the facts behind them that make up this modern phenomenon and wonder known in the rest of the world as the Chinese economy. Crabbe has done his homework for two decades in China, and it shows in his ability to elegantly deconstruct data from banking, pensions, tax and the day to day economy to try to see through the spin and the vested interest to what is really happening underneath. The great take away of this useful and highly readable book: trust nothing you read in the papers, particularly if they are Chinese language ones linked with the government, and arm yourself with high levels of scepticism. And like the great philosopher Wittgenstein said, dont just think or pretend to know, but really watch and see what is happening. This book is an excellent first step in that journey of refined, crucial scepticism." - Kerry Brown, Professor of Chinese Politics and Director of the China Studies Centre, University of Sydney, and Associate Fellow, Chatham House "All you need to know to thread your way through the jungle of Chinese datas unofficial sectors. A full and authoritative reference point for anybody seeking to understand how the country works." -Jonathan Fenby, author of Will China Dominate the 21st Century? and Tiger Head, Snake Tails: China Today "After spending more than two decades trawling through reams of dubious Chinese statistics, Matthew Crabbe is eminently well placed to point out their flaws. He explains why much official data is essentially meaningless, but never falls into the all-too-common trap of dismissing it out of hand. This valuable introduction to Chinas data problems is packed with insight and written in easy, lucid prose." -Tom Miller, author of Chinas Urban Billion and Editor-at-large, China Economic Quarterly Feature This is the first book to explore this topic and provide actionable and expert guidance for business professionals, topic is growing in importance as Chinas influence on the global market grows This will be one of the first books in a series of compact and accessible titles for high-level professionals Description for Bookstore This book offers expert and actionable guidance for building your business in China by avoiding the common pitfalls in interpreting Chinas statistics Details ISBN1137353198 Author Matthew Crabbe Year 2014 ISBN-10 1137353198 ISBN-13 9781137353191 Media Book Format Paperback Publisher Palgrave Macmillan Series Palgrave Pocket Consultants Publication Date 2014-04-17 Short Title MYTH BUSTING CHINAS NUMBERS Language English Imprint Palgrave Macmillan Subtitle Understanding and Using Chinas Statistics Place of Publication Basingstoke Country of Publication United Kingdom Pages 268 DOI 10.1057/9781137353207 AU Release Date 2014-04-17 NZ Release Date 2014-04-17 UK Release Date 2014-04-17 DEWEY 658.180951 Illustrations XVI, 268 p. 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ISBN-13: 9781137353191
Book Title: Myth-Busting China's Numbers
Number of Pages: 268 Pages
Language: English
Publication Name: Myth-Busting China's Numbers: Understanding and Using China's Statistics
Publisher: Palgrave Macmillan
Publication Year: 2014
Subject: Economics, Government, Management, Business
Item Height: 203 mm
Item Weight: 3258 g
Type: Textbook
Author: Matthew Crabbe
Item Width: 133 mm
Format: Paperback
