Blue collar bust The data on manufacturing workers show inflation-adjusted wages and fringe benefits have declined sharply since late 2017. Even unadjusted nominal wages have begun to stagnate.

Government defends GDP data, says, 'nominal GDP is a new bogey being spread to indicate that economic activity is weak' Finance Ministry, in its latest post on X, defended its GDP numbers and gave ...

China on Friday revised up its nominal 2018 gross domestic product (GDP) by 2.1% to 91.93 trillion yuan ($13.08 trillion), keeping it on track to achieving its goal of doubling the size of its ...