HomeLive CommentsPBoC: Impact of Wuhan coronavirus limited in terms of time and scope

PBoC: Impact of Wuhan coronavirus limited in terms of time and scope

China’s central bank PBOC tried to tone down the impact of the Wuhan coronavirus outbreak, and said today that the impact on the economy will be “short-lived” and “limited in terms of time and scope”. Nevertheless, it will still work to promote consumption and investment to boost domestic demand.

There were also talks of more stimulus by the government, including cash infusions and bailouts for the struggling airline industry.

Featured Analysis

Learn Forex Trading