China Prioritizes Local Investment
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own ambitious economic growth targetsCNN
•China gives $28 billion to local governments as it vows to meet economic targets | CNN Business
75% Informative
China has set aside 200 billion yuan ( $28 billion ) for investment projects by local governments this year .
Announcement disappointed investors who were expecting a much larger package of stimulus measures.
China announced a 5% target growth rate in March , but a series of economic data has been so weak that economists were worried the goal might be missed.
VR Score
86
Informative language
93
Neutral language
37
Article tone
formal
Language
English
Language complexity
56
Offensive language
not offensive
Hate speech
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Attention-grabbing headline
not detected
Known propaganda techniques
not detected
Time-value
short-lived
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