There are only disadvantages for the US to skew stats and data since much of the global economy depends on it. Whereas it’s advantageous for China to skew stats and data for the time being as it rises to be a peer adversary militarily and economically.

>So should China trust US stats and data?

As of a few months ago, the US has demonstrably proven that they are willing to lie about stats and data because the president throws a hissy fit at reality, so, no, they absolutely shouldn't.