China's Statistics Chief Under Investigation - Hedge Fund Alpha (formerly ValueWalk Premium)

China's Statistics Chief Under Investigation

In the latest “Not The Onion” news from China ” China’s Statistics Chief ” who may be making up numbers is under investigation….. China’s Central Commission on Discipline Inspection announced Tuesday that it was investigating the head of China’s statistics bureau for suspected corruption. The latest announcement comes amid questions about the accuracy of Beijing’s economic statistics. China’s Statistics Chief China’s Statistics Chief  – Baoan under investigation for suspected corruption The Communist Party’s anti-corruption commission said Tuesday that Wang Baoan is “suspected of serious violations of discipline,” a phrase Beijing uses as a euphemism for graft or corruption. Baoan was a former deputy finance minister who...

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