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Probe Targeting China's Statistic Head Sparks Concern

For years, world governments and multinational companies have fretted over the quality of China’s economic statistics. The recent launching of a Communist Party investigation into Wang Baoan, head of the National Statistical Bureau, on suspicions of corruption, has heightened those concerns. As the world’s second largest economy, which has enormous sway on global markets, Chinese statistics are of great importance. Economists are now asking what prompted the government to launch the...

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