Closer Look: How Officials' Obsession with Statistics Drives Number Fudging
The falsification of statistics is not surprising news in China. In the most recent case of number fudging, statistics officials in Henglan County, Guangdong Province, vastly overstated local gross industrial output to an extent that was unusual even in a country where economic data is routinely massaged.
The National Bureau of Statistics (NBS) said on June 14 that statistics officials in Henglan inflated the industrial output of 71 companies to 8.5 billion yuan from the actual 2.2 billion yuan. They were also accused of falsifying business data without the companies' knowledge.
- WeChat 'Glitch' Allows Family to Raise over 2 Million Yuan in 80 Minutes
- China's VAT Rebate Reform Aims to Boost Local Government Fiscal Strength
- Share Splits Raise Stock Market Suspicions
- China Faces Severe Coal Transport Capacity Shortage
- Audi Scraps Plans for New China Dealer Network
- Regions Found to Have 'Critical' Heavy Metal Emissions Now Clean Up Act
- Official PMI Spikes as Producer Prices Rise, Exports Surge
- China Adds 10% Consumption Tax for Superluxury Cars
- News Calendar, December 5-11
- Caixin's Manufacturing Indicator Dips to 50.9 in November
- Sign up to receive our free daily newsletter