On Wednesday, a senior International Monetary Fund (IMF) official said that China has room to ramp up stimulus if its economy slows further due to the coronavirus outbreak, but should not lose sight of structural reforms to address rapid credit growth. Photo: XinhuaOn Wednesday, a senior International Monetary Fund (IMF) official said that China has room to ramp up stimulus if its economy slows further due to the coronavirus outbreak, but should not lose sight of structural reforms to address rapid credit growth. Photo: Xinhua
On Wednesday, a senior International Monetary Fund (IMF) official said that China has room to ramp up stimulus if its economy slows further due to the coronavirus outbreak, but should not lose sight of structural reforms to address rapid credit growth. Photo: Xinhua

Coronavirus: does China have the financial power to repair the economic damage caused by the outbreak?

  • Production has been largely halted in a bid to contain the spread of the coronavirus, which has affected nearly 45,000 people and killed over 1,100 across the country
  • Retail, tourism, aviation and logistics are among the worst hit, with measures already announced seen as being too mild to offset the economic damage

Topic |   Coronavirus pandemic
On Wednesday, a senior International Monetary Fund (IMF) official said that China has room to ramp up stimulus if its economy slows further due to the coronavirus outbreak, but should not lose sight of structural reforms to address rapid credit growth. Photo: XinhuaOn Wednesday, a senior International Monetary Fund (IMF) official said that China has room to ramp up stimulus if its economy slows further due to the coronavirus outbreak, but should not lose sight of structural reforms to address rapid credit growth. Photo: Xinhua
On Wednesday, a senior International Monetary Fund (IMF) official said that China has room to ramp up stimulus if its economy slows further due to the coronavirus outbreak, but should not lose sight of structural reforms to address rapid credit growth. Photo: Xinhua
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