Chinese Black Market

Five men are to appear in court in China charged with producing fake receipts that could have cost the state billions of dollars, state media said.

The men are accused of forging over one million receipts worth a total of $147bn (£72bn) at a factory in Guizhou province.

Police identified the fraud after seizing a batch of the fake receipts in August 2007.

It is the largest such case in over 50 years, a local security official said.

For more, click here.

This definately won't help China's inflation crisis. China has a lot of issues they need to reslove right now with the 2008 Olympics, the Darfur Crisis and the Chinese food crisis. There is an official black market of false reciepts in China and this is something that Chinese law enforcement need to stop.