How Li Keqiang's alternative way of assessing the health of China's economy stacks up today.
Li Keqiang, then Premier of the People's Republic of China at the World Economic Forum's Annual Meeting of the New Champions in Dalian, China, September, 2015. Credit: World Economic Forum via Flickr
For some, the death of former premier Li Keqiang on October 27 signaled the passing of a class of Chinese leaders steeped in pragmatism rather than ideology. Among the better-known indicators of Li’s approach was his singular way of assessing the health of China’s economy.
Instead of relying on the country’s official GDP numbers, the former premier used a three-pronged proxy measurement for growth. Over time, this so-called ‘Li Keqiang index’ became widely watched by economists, inv
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