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2007 Saw Rise in Economic Crimes in China

Wu Heping, the spokesman from the Ministry of Public Security, told reporters that there were 84,000 economic crimes out of 4.75 million criminal cases in 2007, an increase of 4.2% from last year. This is the fourth year in a row during which China had seen a marked increase in economic crimes.

Among the economic offenses, violations of company regulations and financial misconduct led the increase, rising 15% and 14% respectively.

Source: Chinanews.com, January 30, 2008
http://news.sohu.com/20080130/n254969860.shtml