The Chinese province of Liaoning fabricated fiscal data for four years, a senior official has admitted, the latest blow to the already shaky reputation of China’s economic statistics.
Fiscal revenues in the province were inflated by at least 20 per cent from 2011 to 2014, said provincial governor Chen Qiufa, according to Communist party mouthpiece The People’s Daily. “Liaoning was involved in large-scale financial deception at city and county levels that lasted a long time and involved many people,” Mr Chen added.
The falsification led to “additional taxes of Rmb1,000 ($146) per person in recent years”, the state-run China Daily said.
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