China's Politburo Standing Committee: Coronavirus outbreak has an obvious impact on China's economy - State TV

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21 February 2020

China's Politburo Standing Committee: Coronavirus outbreak has an obvious impact on China's economy - State TV

Hasn't seen turning point of virus outbreak yet
Coronavirus outbreak has an obvious impact on China's economy, but long-term improving momentum of the economy will not change
Will fend off systemic financial risks
Fiscal policy will be more proactive and effective
Prudent monetary policy will be more flexible

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