Replies to post #145048 on Sino Agro Food Inc (fka SIAF)

[zerohedge]

and they claim monster growth after revenue freefall while local economy collapses!



just more lies. predictably so.....

in addition to the widely manipulated Chinese GDP data, new concerns had emerged about official data involving Chinese industrial profits, because while China's National Bureau of Statistics has traditionally reported positive year-on-year growth rates in percentage terms, growth in absolute yuan terms has been negative. This deviation, which barely happened in the past, has reinforced scepticism over the quality of Chinese "data" and fueled fresh suspicion that the NBS generates data outcomes that match the policy goals of the Chinese government leadership instead of reflecting the true state of the economy.

and the real world of fantazee accounting and audit fraud???



....but take the LONG-TERM VIEW and it's much much worse!