China’s National Audit Office Finds Yet More State Fraud

China's rise over the past few decades into a global superpower has been staggering. GDP Annual Growth Rate in China averaged 9.7% from 1989 until 2017, reaching an all-time high of 15.4% in the first quarter of 1993. During this period total GDP has risen from $350 billion to $11.2 trillion.

However, the one thing that has held back China's ambitions is fraud. China is plagued by a reputation for fraudulent activity; a reputation that it has exclusively for paying members. Access all of our content on including years of timeless investment news and in depth analysis for only a few dollars a month by signing up here while also supporting quality content and journalism, or learn more about our premium content here

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