China says it will inject more money into the financial system to ensure the coronavirus outbreak does not cause a further economic slowdown. Photo: AFP

China pledges more money to help companies weather coronavirus outbreak

  • Central bank says it will cut lending rates, increase liquidity to ensure financial stability as death toll and number of confirmed cases continue to rise
  • Statement comes as report by Hong Kong scientists says there could be more than 75,000 infected people in Wuhan alone
Topic |   Coronavirus pandemic
China says it will inject more money into the financial system to ensure the coronavirus outbreak does not cause a further economic slowdown. Photo: AFP
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