Categories
Economics & Trade Politics & Society

Liaoning government admits fake growth numbers

The governor of Liaoning province, the only area in China in a recession, now says three years of recent economic figures were inflated – a rare official confession of data fabrication that has long been suspected and criticized. The disclosure came after a large number of officials in the province, including ex-provincial party chief Wang Min, fell last year on a vote-rigging scandal. City and county officials in Liaoning made false claims about fiscal revenues and other data from 2011 to 2014, said Chen Qiufa, who became head of the provincial government in 2015. According to Caixin, fiscal revenues over the three years were exaggerated by around 20% overall. In some counties, the reported numbers were more than double the actual income, People’s Daily said, citing official probes.

Leave a Reply

Discover more from China Economic Review

Subscribe now to keep reading and get access to the full archive.

Continue reading