2022-07-31

2022-07-31 07:48 pm
Entry tags:

China

China Targeted Fed to Build Informant Network and Access Data, Probe Finds

By Kate O’Keeffe and Nick Timiraos, WSJ, July 26, 2022

The investigation by Senate Republicans found that the decadelong effort included detaining a Fed economist in China

China tried to build a network of informants inside the Federal Reserve system, at one point threatening to imprison a Fed economist during a trip to Shanghai unless he agreed to provide nonpublic economic data, a congressional investigation found.

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