Maybe there's a difference in frequency of usage, but we also say things like "he's not wrong" pretty often in English.
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A great example of this is the Korean War, where a British brigadier in an extremely difficult situation told an American general "Things are a bit sticky, sir" - who interpreted it as "Could be better, but we're holding the line". The misunderstanding resulted in 500 dead and captured.
In a scale of 0 to 10 where "bad" is 0, one side will take "not bad" as a 4~5 while the other side meant it as 7~8.