China's NDRC: Virus's contagion economic effects will be limited


THE ongoing coronavirus outbreak will have temporary, limited economic effects, but it won't leave a permanent mark on the Chinese economy due to the country's strong economic fundamentals, according to the nation's top economic regulator.

"We are fully capable and confident of winning the battle against the epidemic caused by the novel coronavirus, and we have confidence in minimizing its impact on the economy," said Lian Weiliang, deputy head of the National Development and Reform Commission.

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