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fiscal stimulus plansCNBC
•88% Informative
Investors expect details on China 's fiscal stimulus plans be come out Friday , after Beijing considers the U.S. presidential election earlier in the week .
China is considering more than 10 trillion yuan in debt issuance over a few years , Reuters reports.
Analyst: Scale of Beijing 's stimulus will be determined not by who wins the election, but the stock market reaction.
It will "probably be quite a while" before local authorities "feel they have the cash to spend," she says.
Dozens of companies in China this year disclosed in stock exchange filings that they have received notices from local authorities to pay back taxes tied to operations as far back as 1994 .
The finance ministry has emphasized its focus on addressing local government debt problems.
VR Score
94
Informative language
95
Neutral language
70
Article tone
formal
Language
English
Language complexity
53
Offensive language
not offensive
Hate speech
not hateful
Attention-grabbing headline
not detected
Known propaganda techniques
not detected
Time-value
short-lived
External references
3
Source diversity
3
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