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Yahoo! My Yahoo! Mail More Yahoo! Services Account Options New User? Sign Up Sign In Help Yahoo! Search web search Home Singapore Asia Pacific World Business Entertainment Sports Technology Weekend Edition Singapore Asia Pacific World Top Chinese official says some economic data 'man-made' AFP - Tuesday, December 7 Send IM Story Print Top Chinese official says some economic data 'man-made' Slideshow: Full Photo Coverage: Business & Economy BEIJING (AFP) - – Chinese Vice Premier Li Keqiang, widely tipped to be the next premier, admitted in 2007 that some of the country's economic data was "man-made" and thus unreliable, leaked US diplomatic cables show. Li -- whom analysts expect will succeed Premier Wen Jiabao in the coming years -- was the top Communist Party official in the northeastern province of Liaoning when he made the remarks to then-US ambassador Clark Randt. When evaluating the province's economy, Li said he focused on three figures -- electricity consumption, volume of rail cargo and the amount of loans issued, a confidential memo released by whistleblower website WikiLeaks said. "By looking at these three figures, Li said he can measure with relative accuracy the speed of economic growth," the cable said. "All other figures, especially GDP statistics, are 'for reference only,' he said, smiling." If Li succeeds Wen as expected in 2013, he will be responsible for the day-to-day running of government as well as economic policy in the world's second-largest economy. During the dinner in Beijing, Li mainly focused on the challenges of administering the province and trade relations between the United States and China, which he described as "developing smoothly". Li said the income gaps in Liaoning "remain severe" despite official statistics showing the province recorded "brisk economic growth of... 12.8 percent in 2006". "GDP figures are 'man-made' and therefore unreliable, Li said," according to the leaked notes of the dinner. Analysts have long questioned the reliability of data provided by local government officials in China, whose career prospects depend on the pace of economic growth in their region -- giving them an incentive to beef up figures. WikiLeaks has released 250,000 US diplomatic cables, embarrassing a number of US allies and foes. China's foreign ministry has refused to comment on individual cables that make reference to Beijing, describing the content of the website as "absurd". Some of the documents contained allegations that China may have turned a blind eye to illicit exports of North Korean missile parts and that the top Chinese leadership orchestrated cyberattacks on Google and other US targets. In one cable, Chinese officials are quoted as calling the erratic regime in Pyongyang -- China's close ally -- a "spoiled child". Recommend Send IM Story Print Related Articles COMMODITIES-Gold, copper hit record in bull run Reuters - 23 minutes ago India cabinet okays planned $62 bln petchem project Reuters - 25 minutes ago Euro climbs to session peak against the yen Reuters - 30 minutes ago Orexigen to US panel: diet pill safe for approval Reuters - 31 minutes ago US-BUSINESS Summary Reuters - 32 minutes ago News Search Top Stories EU clears Irish rescue as rows rage on wider needs German industrial orders gain 1.6% in month: ministry EU formally adopts Irish bailout plan Ireland braces for new austerity budget Weakened Obama unveils tax compromise More Top Stories » Related Full Coverage China Economychina economy All Full Coverage » ADVERTISEMENT Most Popular Most Viewed Most Recommended Russian satellites crash into Pacific: space official WikiLeaks adds twist to climate hopes Aspirin sharply reduces cancer risk: study Prince William and Kate use TV interview for charity: palace British scientists find key to repairing MS damage More Most Viewed » NASA finds new form of life... on Earth World leaders scramble for funds to save the tiger US, S.Korea plan war games after N.Korean attack Obama gets 12 stitches after 'elbow in the lip' More Most Recommended » Elsewhere on Yahoo! Financial news on Yahoo! Finance Stars and latest movies Best travel destinations More on Yahoo! News Home Singapore Asia Pacific World Business Entertainment Sports Technology Weekend Edition Subscribe to our news feeds Top StoriesMy Yahoo!RSS » More news feeds | What are news feeds? Also on Yahoo! Answers Groups Mail Messenger Mobile Travel Finance Movies Sports Games » All Yahoo! Services Site Highlights Singapore Full Coverage Most Popular Entertainment Photos Yahoo! News Network Copyright © 2010 Yahoo! Southeast Asia Pte. Ltd. (Co. Reg. No. 199700735D). All Rights Reserved. Terms of Service | Privacy Policy | Community | Intellectual Property Rights Policy | Help

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