The Chinese Communist Party (CCP) continues to tighten its grip on data transmission outside China, The Wall Street Journal reported on Dec. 7. In addition, new privacy protection laws have made it harder for foreign companies and investors to obtain Chinese Information, including Sources and Financial Reporting Information.
Stephen Nagy, a professor of political science and international studies at the University of Tokyo, said that China under the CCP has always been a giant black box. However, there is a difference. The black box was created to collect and store data objectively, while the CCP’s black box specializes in falsifying data information.
In a live broadcast on Dec. 7, veteran media voice Wang Jian said that the CCP regularly lies and intentionally produces false economic data. These fabrications come from the CCP’s National Bureau of Statistics. The CCP, on the other hand, calls it “expectations management.”
The CCP uses this tactic to control the market and investors’ expectations of the Chinese economy.
This information data falsification solely aims to draw a picture that the CCP wants people to see.