G.D.P. R.I.P. - NYTimes.com

A very intersting article in the NY Times about the use of Gross Domestic Product (GDP). GDP is not only used in the US, but also in China, where it is one of the main indicators of economic growth - especially in the developing cities in the West.

Bottomline of this article: “When you’re feeling a little chilly in your living room, you don’t hold a match to a thermometer and then claim that the room has gotten warmer. But that’s what we do when we seek to improve economic well-being by prodding G.D.P.”

Read this! Op-Ed Contributor - G.D.P. R.I.P. - NYTimes.com.

Blue book: West China still struggling (China Daily)

Last week, we already published a post about the Blue Book of Cities. Now there’s more, especially on cities in the west, writes Tan Yingzi (China Daily) Blue book: West China still struggling.