04 February 2020 1 Min Read
WATCH: How China plans to protect its economy from the coronavirus
Martyn Davies from Deloitte talks to Business Day TV about China’s response to the outbreak
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China’s central bank took its first concrete steps to cushion the economy in the wake of the coronavirus outbreak.
It has cut interest rates of reverse repurchase agreements while injecting a large amount of liquidity into the banking system.
Martyn Davies from Deloitte joined Business Day TV to discuss China’s response.
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