Keqiang Index

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News:Li Keqiang, the current Premier of the People’s Republic of China, has said that the Keqiang index is a better economic indicator for China than official numbers of GDP.

Facts:

  • The Li Keqiang index or Keqiang index is an economic measurement index created by The Economist to measure China’s economy.
  • It is based on three indicators namely a) railway cargo volume b) electricity consumption and c) loans disbursed by banks.