2015-12-14

China Northeast Didn't Slow Down; The Data Was Faked

Good news for the recessionary Northeast. It hasn't slowed down as much as we think because officials were faking data in prior years.

China Daily: Officials admit to faking economic figures
Several local officials in China's Northeast region sought to explain dramatic economic drops in their areas by admitting they had faked economic data in the past few years to show high growth when the real numbers were much lower, Xinhua News Agency reported on Friday.

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