China's disgraced former chief statistician removed from monetary policy committee
2/11/2006 16:39
China's central bank has removed the country's former statistics chief Qiu
Xiaohua from its monetary policy consulting body, said the General Office of the
State Council, or China's cabinet, yesterday. Qiu Xiaohua was dismissed from
the top job at the National Bureau of Statistics on Oct. 12 for his suspected
involvement in the 10 billion-yuan (US$1.25 billion) Shanghai social security
fund fraud. Xie Fuzhan, the newly appointed NBS head, has replaced Qiu as one
of the 13 commissioners on the Monetary Policy Committee of the People's Bank of
China, said the Office. Xie had been deputy director of the Development
Research Center of the State Council before taking up the NBS post.
xinhua
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