Money
Frank Dikötter says China’s growth targets act like quotas, encouraging GDP ‘for its own sake’
Triggernometry
How China Fakes Its Success with Frank Dikotter
What was said
""When you have a figure of 5% GDP, which we must achieve, that's a quot you will and must achieve 5% GDP.""
Frank Dikötter argues that China’s headline growth targets function like Stalinist-style quotas for officials and localities, creating pressure to hit a number regardless of demand. He suggests this incentivises construction and other activity that can be counted as GDP even if it produces empty or underused projects.
Verification status
Attributed speaker claim
Egleze verified who said this and where. The underlying claim has not been independently established by Egleze.
Source and context
Egleze verified who said this and where. The underlying claim has not been independently established by Egleze.
- Speaker
- Frank Dikötter · guest
- Programme
- Triggernometry
- Episode
- How China Fakes Its Success with Frank Dikotter
- Clip time
- 1:22:53
- Original source
- Watch the source segment →
From this episode
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