It'd just delay the so-called inevitable if UK had stayed. There are still kumgong CCP idiots in this thread who still believe China grew 8.1% this year when the cut in interest rates already tells you more about the state of the Chinese economy than the questionable growth figures generated by their bureau of statistics. You don't go cutting interest rates and especially in the teeth of global inflationary pressures unless you are worried about the direction the economy is taking.
Also cutting rates that don't then affect people's greatest cost - mortgages - will do nothing at all either to boost lending or consumer spending. It might boost business investment, but that's not where they're having trouble.
Most countries readjust data to make it more accurate. China adjusts data to make it more compliant with the party narratives. If America massaged its numbers the same way China does, it would be blatantly obvious because the entire process is transparent. That is intentional, because inaccurate numbers lead to poor decision making even when the numbers are inconvenient. China can only manage to manipulate the data because so little of it is public information and independently verifiable.
I am sure that is true of some other small economies, but large stable economies directly benefit from accuracy.
To use an analogy, if politicians determined who was given a medical diagnosis, rather than an accurate diagnosis, it would make cancer treatments far less useful.
The truth serves real world functional purposes, and avoiding it directly results in mistakes, sloppiness, and a whole slew of problems like corruption.
Avoiding the truth is essentially a form of mental illness and a terrible way to run any organization much less an entire country.
