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comment by OMFG_TH3_1D10T
OMFG_TH3_1D10T  ·  3047 days ago  ·  link  ·    ·  parent  ·  post: Chinese officials admit to faking economic figures

I'm not surprised that they controlled the numbers.





qiy  ·  3047 days ago  ·  link  ·  

It did seem a bit too good to be true. The rough figure that was thrown around was something like 10% per year for a decade. The country has grown economically, but maybe not nearly as fast.

OMFG_TH3_1D10T  ·  3047 days ago  ·  link  ·  

They're communist. So everything goes through them. And they want to look good.

katakowsj  ·  3047 days ago  ·  link  ·  

Communism the issue? They sound very "Enron" in their bookkeeping? Maybe they're just like any human beings that have been caught up on their own hubris and are now desperate to make reality match the perception they've created.

qiy  ·  3047 days ago  ·  link  ·  

I agree. It doesn't seem like communism is at fault here. In fact it is competition for investment that was the driver, a very un-communist thing.