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1.Market Observations, 8.Was Sticky

20 Jan 2017 (AFR) – China admits its GDP data is fake

(20 January 2017, AFR, p13, by Angus Grigg)

‘It has long been suspected but never proven. Now Liaoning Province, in the rust belt of northern China, has admitted to faking its economic growth data. The fabrication occurred between 2011 and 2014, the provincial Governor Chen Qiufa told a meeting of the local legislature.’

Read more at AFR.com (might need AFR login access, or try: AFR.com/trial)

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