Everything China is doing to support its virus-hit markets

Workers in protective suits walking past a display board showing the stock market prices in the lobby of the Shanghai Stock Exchange building in Shanghai, China. China’s central bank and regulators across the foreign exchange, securities, banking and insurance sectors issued more than 30 supportive measures to counter the impact of the Covid-19 outbreak. - AP

BEIJING: China’s Cobid-19 (coronavirus) outbreak has been met with a wide-ranging response from policy makers seeking to cushion the economy, support financial markets and bolster investor confidence.

Here’s a look at some of the steps taken, along with market reaction.