China appoints Lan Foan as new finance ministry party chief

BEIJING - China's Communist Party has appointed Lan Foan as the new finance ministry party chief, the ministry said in a statement on Thursday. Lan will replace Liu Kun as the party chief ofBEIJING - China's Communist Party has appointed Lan Foan as the new finance ministry party chief, the ministry said in a statement on Thursday.

Lan will replace Liu Kun as the party chief of the finance ministry, the statement said. Liu is still the finance minister.

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