With the 20th National Congress of China鈥檚 Communist Party over, the country has finally reported that its third-quarter gross domestic product grew, beating expectations.
, associate professor of government at Cornell University, is an expert on Chinese politics. He is author of the forthcoming book 鈥淪eeking Truth and Hiding Facts: Information, Ideology, and Authoritarianism in China鈥 鈥 out on Tuesday.
"China鈥檚 GDP number is now out after a week鈥檚 delay," said Wallace. "The official number was 3.9%, above expectations.
"As Xi鈥檚 third term begins, his increasingly opaque and personalized rule is eroding trust in Chinese statistics. Development seems to be pushed aside as a security mindset dominates. Whether investors will keep money flowing in and how much capital flight the country will suffer remain open questions,鈥 Wallace said.
For interviews contact Becka Bowyer, (607) 220-4185, rpb224@cornell.edu.
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