2016-04-27

China NBS Hit With Graft Charges

This explains the strange holes in Chinese data, like why there's no provincial level industrial production numbers reported for February.

Reuters: China stats bureau called out for profiting from data
China's Communist Party anti-graft watchdog said on Wednesday that hundreds of staff working for the country's statistics bureau have been using data for personal gain, including collecting fees for providing information and other services.

...China's statistics bureau also has a history of periodically cancelling or delaying publication of data. Over the last few months, the NBS has delayed the public release of data including power generation, base metals production and quarter-on-quarter GDP growth for the first quarter of this year.

No comments:

Post a Comment