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China gives $28 billion to local governments as it vows to meet economic targets | CNN Business

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Summary
Nutrition label

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

not hateful

Attention-grabbing headline

not detected

Known propaganda techniques

not detected

Time-value

short-lived

External references

no external sources

Source diversity

no sources

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