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Yes, this is a significant problem because of the strange irony that for a communist country, the Chinese government is run like a business. There are targeted
by UberofXplsgo 7y ago
Yes, this is a significant problem because of the strange irony that for a communist country, the Chinese government is run like a business. There are targeted metrics and goals and promotions and pay increases tied to them. They've had a long documented history in the past with suspected gdp reporting fraud. Every time they add a new metric to monitor as a target there is the possibility of potential fraud or gaming the metric in an unproductive way such as planting and unplanting trees.
- yostrovs 7y agoCommunists always used metrics because they had no natural price signals to work with. Just because you're using numbers doesn't mean you're a business. Some people like to say that Nazis ran concentration camps like a business. No, they ran them like Nazis run concentration camps, that's all.