China created an enforcement team to crack down on fake economic data

Guang Niu/Getty Images China is cracking down on fake economic data, perhaps partially in response to concerns from those outside the country that much of the nation's data is fabricated to reflect what the government wants to see, rather than what is actually happening. According to Bloomberg, citing a statement that was published on China's National Bureau of Statistics (NBS) website on Thursday, the government has created a new enforcement team aimed at improving the quality of data. "The cru...