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
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.