China just removed a top official who"s played an important role in trying to reform the country"s debt-laden economy for the past three years.
In a one-line statement, the government said Finance Minister Lou Jiwei will be replaced by Xiao Jie, a former tax chief. No reason was given for the change, and the statement didn"t say what Lou might do next.
China just got rid of its finance minister
China just got rid of its finance minister
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