Just when you thought they couldn't fake anything new

Today in Hong Kong I learned how China has gone one step further in the Fakery Game: Fake jobs for University graduates!!
The schools want to get their statistics on grads who go on to full employment up, so they are hiring new grads for jobs that don't actually exist.
In some cases, the students just see their name on a list of New Hires.
But evidently is is a long-standing practice. In fact, often students are asked (or required) to bring a letter of employment before they can get their diploma!!
Vocational schools usually boast 85-90% employment for new grads! Evidently is it a not so well kept secret in China.