China central bank sees limited impact to economy from Covid-19


LIfe goes on as residents wearing protective facemasks are seen walking along a street in Shanghai on Wednesday (Feb 19). China's central bank said on Wednesday that the impact of the Covid-19 (coronavirus) outbreak on the economy will be limited as the epidemic has not changed the country's economic fundamentals. - AFP

HONG KONG: China's central bank said on Wednesday (Feb 19) the impact of the Covid-19 (coronavirus) outbreak on the economy will be limited as the epidemic has not changed the country's economic fundamentals.

The People's Bank of China (PBOC) said it would help anti-virus efforts by extending credit, including by providing favourable loans or interest rates to companies involved in controlling the epidemic.

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China , Central Bank , Covid-19 , Effect , Limited Impact

   

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