19-01-2017, 06:22 PM
Liaoning Government Admits False Growth Data from 2011-14
http://www.caixinglobal.com/2017-01-18/101046468.html
http://www.caixinglobal.com/2017-01-18/101046468.html
(18-01-2017, 12:58 PM)cyclone Wrote: Rustbelt China Province Admits It Faked Fiscal Data From 2011-14
The rust-belt province of Liaoning fabricated fiscal numbers from 2011 to 2014, local officials have said, raising fresh doubts about the accuracy of China’s economic data just days ahead of the release of the nation’s full-year growth report.
City and county governments in the northwestern region committed fiscal data fraud in the period, Governor Chen Qiufa said at a meeting with provincial lawmakers Tuesday, according to state-run People’s Daily. Fiscal revenues were inflated by at least 20 percent, and some other economic data were also false, the paper said, without specifying categories.
More details in https://www.bloomberg.com/politics/artic...om-2011-14
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