Lan Fo’an

China shores up property sector, signals more spending is coming - THE EDGE SINGAPORE

China Focus

China shores up property sector, signals more spending is coming

While Lan fell short of putting a price tag on any additional stimulus — potentially disappointing investors — the measures announced were largely in line with economists’ expectations.
China removes Li Shangfu as defense minister; appoints Lan Fo’an as finance minister - THE EDGE SINGAPORE

China Focus

China removes Li Shangfu as defense minister; appoints Lan Fo’an as finance minister

As finance minister, Lan will likely play a role in helping decide whether China should increase the official deficit
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