Peterson Institute for International Economics Releases Report Reconciling China-U.S. Import and Export Data

The Peterson Institute for International Economics released a report pointing out that from January to July this year, the gap between China's customs-reported exports to the United States and U.S.-recorded imports from China reached $99.8 billion, and the deviation in China-U.S. import and export data reached 10.5 standard deviations, which cannot be explained by statistical definitions.