China approves $837 billion debt package to boost its flagging economy | CNN Business

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Hong Kong CNN  — 

China has approved a 10 trillion yuan ($1.4 trillion) plan to bolster its ailing economy by allowing local governments to refinance their debt, unveiling additional stimulus measures to counter a potentially volatile growth path marked by the impending return of Donald Trump to the White House.

Finance Minister Lan Fo’an said at a press conference Friday

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