China has appointed Lan Fo'an as the new Minister of Finance, replacing Liu Kun. Lan Fo'an, a public finance specialist, will be responsible for addressing local government debt risks. The appointment comes as China pushes for economic stimulus. Lan Fo'an's appointment was reported by state broadcaster CCTV.
Have to love this patch of Winnie the Pooh, symbolizing Xi Jinping, getting decked by a Formosan Black Bear, on display in the Taiwanese Ministry of Foreign Affairs. https://t.co/H2SqAsucOK
China Names Lan Foan as Finance Minister https://t.co/j62HMht43k
China named public finance specialist Lan Foan to be its new finance minister, replacing Liu Kun, state broadcaster CCTV reported Tuesday. https://t.co/d3U2QQoLR7
China picks Lan Fo’an as the Minister of Finance to replace Liu Kun, handing Lan the responsibility over a plan to diffuse local government debt risks https://t.co/F337EB0pM8
China names Lan Foan as new finance minister amid stimulus push https://t.co/vwpI0WyZLX https://t.co/ELhYeEts8Q